Last week, more than 500 renewable energy projects received approval for feed-in-tariff (FIT) incentives from the Ontario Power Authority. Designed to encourage faster adoption of clean energy solutions across the province, these feed-in-tariff arrangements permit owners to sell some of their excess power back to utility companies, allowing them to actually generate revenue from their investments.
This first round of approvals only included projects producing more than 10KW of clean energy. However, the Ontario Power Authority has recently launched a microFIT Program for power producers who generate fewer than …