microFIT Program Update – November 14, 2017
There are 7.5 MW remaining in the 2017 Annual Procurement Target, as of November 10, 2017. The IESO will only accept applications under the microFIT Program until 11:59 p.m. EPT on December 28, 2017, or until the final 50 MW Annual Procurement Target is reached, whichever is earlier.
Should the Annual Procurement Target be reached before December 28, 2017, the IESO will immediately stop accepting applications. Applications submitted to the IESO prior to or on the date on which the IESO stops accepting applications will only be reviewed if capacity becomes available in the Annual Procurement Target by December 29, 2017. Applications will continue to be reviewed in the order that they are received.
Further, any application that is not allocated to the Annual Procurement Target (i.e., any application that has not been set to Pending LDC Offer to Connect status) by December 29, 2017, will be terminated. Applications that have achieved Pending LDC Offer to Connect status will continue to be processed.
Updates on the amount of capacity remaining in the 2017 Annual Procurement Target can be found in the microFIT bi-weekly reports.
The Ministry of Energy recently published its 2017 Long-Term Energy Plan, which, among other things, outlined how the government is enhancing the net metering program to give businesses and consumers more opportunities to generate and store renewable electricity. For further information on net metering in Ontario, please contact your local distribution company.