About the Feed-in Tariff
The Cochrane Solar Project has received three feed-in tariff (FIT) contracts from the Ontario Power Authority (OPA) under the Feed-in Tariff (FIT) Program. Under the FIT Program, the OPA agrees to buy electricity generated by eligible projects at fixed prices under long-term contracts.
The Ontario FIT Program includes domestic content requirements that mandate a percentage of locally made equipment. This feature aims to boost the province’s manufacturing sector and to stimulate the local and provincial economies.