Detailed instructions for registering and verifying information were sent to FIT and microFIT contract holders (« Suppliers ») and LDCs when Beacon was published Log in to Beacon: www.ieso.ca/Sector-Participants/Feed-in-Tariff-Program/Login If you are a current FIT or microFIT supplier, your information will be available once you have completed the registration and verification processes in Beacon. Note that you must use the email address provided in your microFIT contract or in the IESO FIT contract management team. Once you have completed these processes, your current contracts can be viewed and you can initiate requests. If you have submitted an application for a FIT or microFIT contract but have not received a contract or your contract has been terminated, your application information will not be accessible in Beacon. If you are having trouble creating an account or logging into an account, please contact microFIT.Contract@ieso.ca. As a standardized means of entering into renewable energy generation contracts, Ontario`s FIT program was one of the first comprehensive guaranteed pricing structures for renewable energy generation in North America, offering stable prices for long-term contracts. There are two distinct roles in Beacon – the « Approver » and the « Agent ». If you have been verified by IESO as a FIT or microFIT provider prior to beacon publication, you will automatically be considered an « approver » within Beacon. As an approver, you have the option to add additional people as « agents » in Beacon. Once added by an approver, an agent can view the contracts assigned to it and perform limited functionality in certain circumstances. All contract-related actions performed by agents are sent to the approver(s) for approval before being submitted to the IESO for review. Ontario`s microFIT program has resulted in more than 30,000 contracts and has encouraged individuals, schools, communities, co-operatives and Indigenous communities to participate in clean energy projects and contribute meaningfully to a cleaner environment. Buying a property with a photovoltaic (PV) solar production system (solar system) can be an opportunity to take advantage of solar energy.
At the same time, it is important to understand all the factors and considerations before making a property purchase with a solar system. This web resource is just a starting point to help you understand some of the considerations to consider when considering buying real estate with a solar system. Once you have completed the registration and verification processes in Beacon, you will be able to view and manage all of your active FIT and/or microFIT contracts. This includes submitting requests related to changes, assignments, and managing contacts (i.e., multiple vendors and/or agents) associated with your contracts. You also have access to up-to-date information about your contracts in one place. Program documents, such as the microFIT rules and the microFIT contract, can be found on the microFIT Program Documents page. If you have any questions about the microFIT contract, please contact: microFIT.Contract@ieso.ca. For more information on the microFIT programme, see: www.ieso.ca/microfit.
For more information, see: microFIT Program: Solving Market Problems (overview) and microFIT Program FAQ. If you have any questions about Beacon or your microFIT contract, please contact us at the email address: microFIT.Contract@ieso.ca or by phone at 1-833-560-6348 (MFIT). The microFIT program was created to support the development of small or « micro » projects to generate electricity from renewable energy sources (10 kilowatts (kW) or less) such as solar panels. Once you have completed the LDC account registration process in Beacon, you will be able to see and manage all active FIT and/or microFIT contracts and assigned tasks related to your LDC. This includes responding to requests for clarification and receiving communications from the IESO regarding changes and assignments. You also have access to up-to-date information about these contracts in one place. The Feed-in Tariff (FIT) program is designed to encourage and encourage the increased use of renewable energy sources such as onshore wind, hydro, renewable biomass, biogas, landfill gas and solar photovoltaic (PV) energy for electricity generation projects in Ontario. To ensure compliance with the contract, the IESO* may review a number of points, including (but not limited to) the ratings of inverters and solar panels. To learn more, watch our videos on awarding the contract and read the instructions for the appropriate contract version.
After approval by the IESO* of the contract award request, the new supplier (assignee) will assume the contract for the remainder of the contract period. For example, if a 20-year contract is awarded to a new natural or legal person after 15 years, the new supplier is entitled to receive production payments for the remaining five years of the contract term. How are payments calculated? A supplier receives a generation payment equal to the contract price multiplied by the electricity generation measured from the plant. A supplier is responsible for paying for all electricity consuming electricity as a charging customer. The microFIT program was a streamlined program for small renewable energy projects under the Feed-in Tariff (FIT) program, designed for projects with electricity generation greater than 10 kW. .