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| HOME > ONTARIO INDUSTRIES > ALTERNATIVE ENERGY > INCENTIVES |
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Incentives for Alternative Energy Production in Ontario
Ontario’s Standard Offer Programs
Ontario is the first jurisdiction in North America to introduce standard offer contract programs to producers of renewable or clean energy. The contracts are available to individual homeowners, businesses producing energy for their own use, or commercial energy producers. The Renewable Energy Standard Offer Program (RESOP) offers $0.11/kWh to individuals or businesses that produce wind, biomass or small hydro energy and $0.42/kWh to producers of solar photovoltaic energy. The Clean Energy Standard Offer Program (CESOP) aims to encourage the production of energy for use at periods of peak energy use in the province. It will compensate producers at a rate of $0.081/kWh for energy fed to the grid in prime peak hours, and $0.0432/kWh at mid-peak times. There is no limit to the number of contracts that an individual or company can hold, but no individual project may exceed 10 megawatts.
Source: Ontario Ministry of Energy; Ontario Power Authority. (10/2007)
Net Metering
To encourage smaller-scale, distributed generation in Ontario, the government has introduced net metering. This program is open to homeowners, farms and businesses who are connected to the grid and who generate some of their own power from wind, water, solar power or agricultural biomass, using a generation system with a capacity of 500 kW or less. Excess power can be supplied to the grid for credit to the producer.
Source: Ontario Energy Board (10/2007)
Tax Rebates
To encourage increased use of renewable energy within the province, the Government of Ontario has introduced a number of incentives for participating in an alternative energy program. Some of the incentive programs are listed below.
Source: Ontario Ministry of Finance, Budget 2007 backgrounder; Ontario Ministry of Energy. (1/2008)
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