Solar PV FIT pricing

 

See also: Ontario microFIT Pricing Schedule

See also: Planning Solar PV Installation for Home and Business


Once you have entered into a FIT contract, you will be guaranteed a fixed price for the electricity you produce. The prices are designed to cover typical capital and operating costs and to provide a reasonable return on the investment over the term of the contract.

 

Prices for Solar PV Projects that are 10 kW or larger

 

Solar PV

Price

Contract Term

Percentage Escalated

Any Type

≤10kW

80.2

0%

Roof Top

≥ 10kW and ≤250kW

71.3

0%

Roof Top

≥ 250kW and ≤500kW

63.5

0%

Roof Top

≥500MW

53.9

0%

Ground Mounted

≤10 MW

44.3

0%

 

The prices presented above are extracted from the FIT price schedule. Note that the OPA will review the FIT price schedule on a regular basis (approximately every two years).


For technologies other than solar PV, 20 percent of the price will escalate annually based on increases in the Consumer Price Index.


Please note that if you intend to apply for the on-farm biogas price, the community price adder or the aboriginal price adder, you must apply to the FIT Program, regardless of the size of your project. Also, waterpower projects and bioenergy projects under the microFIT program will not receive peak and off-peak pricing.