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.
Per the December 16, 2016 directive from the Minister of Energy, the final FIT Application Period was held in 2016 and the IESO ceased accepting applications under the FIT Program.
