Summary of recommended changes to the FIT and MicroFIT programs:
New Price Schedule:

Other significant points:
- One MicroFIT per owner (was one per property)
- CFIT (Commercial FIT, MicroFIT for businesses) will not be launched
- No indication about procedure for the new price tranches (ie 10 - 100kW)
- MicroFIT projects must be completed in 6 months from approval (same as before); FIT projects must be completed in 18 months (was 3 years)
Read the full FIT review report here.
Next Steps: The review was conducted by the Ministry of Energy and constitutes recommendations to the Ontario Power Authority (OPA). The OPA will now create rules and processes to meet the recommendations. No word on how long that will take. Final conclusions on the success of the FIT review will depend on the details established in the new rules.
Check back often for updates!