Ontario Solar Network To Host Meeting About OPA’s Proposed microFIT Rate Changes

0

Ontario Solar Network (OSN) plans to host an open town hall meeting on July 22 at the Hilton Garden Inn in Vaughan, Ontario, to discuss the Ontario Power Authority's (OPA) proposed price changes for microFIT projects under 10 kW.

Free to the public, this event will feature Ben Chin, OPA's vice president of communications, and representatives from Ontario's solar industry.

At issue is the OPA's plans to reduce microFIT contract rates for ground-mounted solar projects from C$0.802/kWh to C$0.588/kWh.

‘While the OPA is understandably concerned about keeping the program solvent for as long as possible, opponents of the price changes are rightfully worried about the global effects on Ontario's new solar market,’ says Jacob Travis, chairman of the Ontario Solar Network.

Critics of the change say that the reduced incentive will have a negative effect on an industry very much in its infancy. Of the 16,000 microFIT applications pending approval, nearly 60% are for ground-mounted installations, according to the Ontario Solar Network.

SOURCE: Ontario Solar Network

Subscribe
Notify of
guest
0 Comments
newest
oldest most voted
Inline Feedbacks
View all comments