FIT Overview

News and Updates

April 24, 2017: Update for FIT 5 Applications

The IESO has completed Stages 1 and 2 of the evaluation process for the 1,120 FIT applications received by the IESO during the FIT 5 application period.

February 9, 2017: FIT 5 Application Withdrawal Deadline  

The deadline to withdraw an application submitted during the FIT 5 application period has been set as March 3, 2017

December 19, 2016: FIT 5 Application Summary

During the FIT 5 application period (November 7 to November 25, 2016),the IESO received 1,127 applications, which represent a total of 397megawatts (MW).

What is the Feed-in Tariff Program?

The Feed-In Tariff (FIT) Program was developed to encourage and promote greater use of renewable energy sources including on-shore wind, waterpower, renewable biomass, biogas, landfill gas and solar photovoltaic (PV) for electricity generating projects in Ontario.

As a standardized way to contract for renewable energy generation, Ontario’s FIT Program was one of North America’s first comprehensive guaranteed pricing structures for renewable electricity production, offering stable prices under long-term contracts.