What are OPA’s MicroFIT and FIT Programs?
If you are developing a small renewable energy project, the microFIT Program provides a streamlined way for you to connect your project and receive payment for the electricity you produce and send to the province’s electricity distribution system (i.e., “the grid”).
Projects eligible for the microFIT Program will receive:
- a long-term contract for the payment of electricity produced from the renewable energy project
- a fixed price for the full term of the contract.
Once you’ve selected your renewable energy technology and developed a project plan, signing up for the microFIT & FIT Programs is straightforward.
To determine the payback or Return on investment on your system, we recommend using SWITCH’s comprehensive spreadsheet