Managing Your Contract

Here you will find important information for managing your microFIT Contract.

Please note that the meanings of all capitalized terms in this section are set out in the Definitions sections of the microFIT Contract and microFIT Rules.

Contract changes

How to make changes by notice or amendment request

Different parts of the microFIT Contract may be changed by a notice, or an amendment request.

  • For changes that do not materially affect the Facility, the Supplier is required to provide notice to the IESO*.
  • For changes that materially affect the Facility, the Supplier must request an amendment. An amendment must be accepted by the IESO*. 
     

Notices

The Supplier must provide notice to the IESO* of the following Contract changes:

  • Supplier’s legal name on Contract, such as correction of a spelling error or change in marital status (where Supplier legal entity does not change)
  • Contact information or mailing address of Supplier (change to Section 9 notice provision of Contract)
  • GST/HST registration information
  • Account details for Supplier’s generator account with local distribution company

How to submit a change notice 
To submit a change notice to the IESO*, the Supplier must complete the Change Notice Form and email an executed (signed) and scanned copy of the document to microFIT.contract@ieso.ca. Upon receipt, the IESO will review the change notice and may request that the Supplier submit additional information.

For Version 1 Contracts:
The Supplier’s change notice must be submitted by email to the IESO* from the address specified in Section 9.1 of the Contract.

For Version 2, 3, and 4 Contracts:
The Supplier’s change notice must be submitted by email to the IESO* from the address specified in Section A (10) or A (11) of the Contract.
 

Amendment request

The Supplier must submit an amendment request to the IESO* to obtain IESO* approval of the following Contract changes:

  • Correction to address of Facility, such as 911 updates (property upon which Facility is located cannot change)
  • Nameplate capacity reduction
  • Renewable fuel type
  • Any other amendment request 

How to submit an amendment request
In order to request a Contract amendment to the IESO, the Supplier must complete and sign the Amendment Request Form and email a scanned copy of the document to microFIT.contract@ieso.ca.

For Version 1 Contracts:
Pursuant to Section 11 of the Contract, no amendment to or modification of this Contract shall be enforceable unless in writing and executed by both Parties. In accordance with Section 9, the IESO* will review the amendment request and may request the Supplier to submit additional information. The Supplier’s amendment request must be submitted by email to the IESO* from the address listed in Section 9.1 of the Contract.

For Version 2, 3, and 4 Contracts:
Pursuant to Section 9 of the Contract, no amendment to or modification of this Contract shall be enforceable unless in writing and executed by both Parties and any amendment that results in a decrease of the Nameplate Capacity of a Rooftop Facility to 6 kW or less will not result in a corresponding increase to the Contract Price. In accordance with Section 9, the IESO will review the amendment request and may request the Supplier to submit additional information. The Amendment Request Form must be submitted by the Supplier (not a representative) to the IESO from the Supplier’s email address listed in Section A (10) of the Contract.
 
*For version 1.x and 2.x Contracts, reference may be made to the OPA. Please note that effective January 1, 2015 the former OPA merged with the IESO. All notifications and requests are to be made to the IESO.

Please refer to our FAQs for more information on Contract changes.

Contract assignment

When to assign your contract

A Contract assignment is necessary when the current Supplier intends to assign all of its rights and obligations under the Contract to a different individual or legal entity (new Supplier). Pursuant to Section 12 of a version 1 Contract or Section 10 a version 2/3/4 Contract, the current Supplier (Assignor) may submit a request to the IESO* to assign the Contract to a new Supplier (Assignee).
The Supplier may submit a Contract assignment request to the IESO* in connection with the following:

  • Sale of property upon which Facility is located to another individual or legal entity (under no circumstances can a Facility can be relocated to a new property)
  • Adding or removing an individual or other legal entity from the Contract
  • Where an event will cause the Supplier to no longer be an Eligible Participant and the Contract can be assigned to an Eligible Participant

Important: Where the Supplier fails to submit a Contract assignment request for any of the above changes, the Supplier may be in breach of the Contract.

Upon IESO*’s consent to the Contract assignment request, the new Supplier (Assignee) will take over the Contract for the remainder of the Contract term. For example, if a 20-year Contract is assigned after 15 years to a new individual or legal entity, the new Supplier will be entitled to receive Generation Payments for the remaining five years of the Contract term.
 

How to assign your contract

In order to submit a Contract assignment request to the IESO*, the current Supplier (Assignor) and prospective new Supplier (Assignee) must follow the automated Contract assignment process administered through their respective My microFIT Home Page.

The proposed new Supplier (Assignee) must meet the criteria listed in the applicable microFIT Eligible Participant Schedule in order for the IESO to provide its consent to the Contract assignment request.

*For version 1.x and 2.x Contracts, reference may be made to the OPA. Please note that effective January 1, 2015 the former OPA merged with the IESO. All notifications and requests are to be made to the IESO.

The Prescribed Form: Assignee’s Declaration must be completed by the Assignee and a scanned PDF must be uploaded in the microFIT Contract Assignment - Form B. Please note that each Assignee’s Declaration must be signed in the presence of, and commissioned by, a notary public or a commissioner for taking affidavits.

Each additional Assignee listed on the microFIT Contract Assignment Form B must complete a separate Assignee’s Declaration; these individual Assignee’s Declarations must then be uploaded as one file.

The Prescribed Form: Assignee’s Declaration can be found at www.ieso.ca/-/media/files/ieso/document-library/microfit/microfit-assignees-declaration-natural-person.pdf.

Please refer to our FAQs for more information on Contract changes.

Generation payments

Who pays for the electricity being generated?
Once a microFIT project is connected and the Supplier has a Contract, the Supplier’s local distribution company will make Generation Payments to the Supplier.

When will payments be made?
Payments will be made according to the regular billing cycle of the Supplier’s local distribution company. A Supplier should contact its local distribution company for more details on payment processes such as billing dates and cycles.

How are payments calculated?
A Supplier will receive a Generation Payment equal to the Contract price multiplied by the metered electricity output from the Facility. A Supplier will be responsible for paying for all electricity consumed as a load customer.

Calculation for a typical microFIT project
For example, a Generation Payment for a version 4.1 microFIT Contract would be calculated as follows:

  • A three-kilowatt (kW) solar PV rooftop project produced 280 kilowatt-hours (kWh) in one month
  • The Contract price is 31.1 cents per kWh
  • The Generation Payment is:
    280 kWh x $0.311/kWh = $87.08

*Please note that the Contract price is dependent on the version of the microFIT Contract. To determine contract price refer to the FIT/microFIT Price Schedule for the applicable Contract version.

Why have my generation payments been suspended?
For version 4.0 microFIT Contracts, Generation Payments will be suspended if the Supplier breaches any term of the microFIT Contract, including if any representation or warranty of the Supplier is untrue, until the breach is cured. Generation Payments will be reinstated and Supplier will be paid any withheld Generation Payments if such breach is corrected in accordance with the terms of the microFIT Contract.

Please refer to our FAQs for more information on Contract changes.

Contract termination

A Contract may be terminated in the following circumstances:

  • the Supplier may terminate the Contract upon 30 days prior written notice to the IESO*, as further described below
  • the IESO* may terminate the Contract where the Supplier has breached a Contract term or condition, if the Supplier fails to remedy (correct) the breach within 10 Business Days after receiving notice of such breach from the IESO*
  • the Contract will automatically terminate in the event that the Supplier’s Connection Agreement with its local distribution company is terminated (where there is no Connection Agreement, there is no microFIT Contract)

In order to terminate its microFIT Contract, the Supplier must complete and sign the Notice of Termination Form and email a scanned copy of the document to microFIT.contract@ieso.ca .

For Version 1 Contracts:
The Supplier’s change notice must be submitted by email to the IESO* from the address specified in Section 9.1 of the Contract.

For Version 2, 3, and 4 Contracts:
The Notice of Termination Form must be submitted by the Supplier (not a representative) to the IESO* from the Supplier’s email address listed in Section A (10) of the Contract.

*For version 1.x and 2.x Contracts, reference may be made to the OPA. Please note that effective January 1, 2015 the former OPA merged with the IESO. All notifications and requests are to be made to the IESO.

Please refer to our FAQs for more information on Contract changes.

Audits and Inspections

During the term of the Contract, the IESO* reserves the right to audit and inspect the Facility, to request copies of all Generation Payment statements and invoices from the Supplier’s local distribution company.

To ensure compliance with the Contract, the IESO* may audit a number of items including (but not limited to) inverter ratings and solar array ratings.

*For version 1.x and 2.x Contracts, reference may be made to the OPA. Please note that effective January 1, 2015 the former OPA merged with the IESO. All notifications and requests are to be made to the IESO.

Please refer to our FAQs for more information on Contract changes.