The IESO has developed the Small Hydro Program, at the direction of the Minister of Energy, to re-contract the province’s small hydroelectric facilities with capacities up to (and including) 10 megawatts. Facilities that are eligible for the program include those that have an existing contract with the IESO (that expires before 2043), those that are uncontracted, and those that have an existing contract with the Ontario Electricity Financial Corporation.
The Small Hydro Program provides value for ratepayers by sustaining existing clean renewable energy facilities in Ontario. The Program provides a reasonable revenue stream to enable these facilities to continue operating.
As the application period is open-ended, there is no deadline for eligible facilities to apply. All contracts under the Small Hydro Program run through April 30, 2043.