FIT (FEED IN TARIFF) PROGRAM

This Province of Ontario program is designed to promote the production of green energy in Ontario. It includes Biogas, Wind and Solar programs. Saturday's Woolwich Observer have a very informative article titled "FIT changes have green sector in limbo". Here in Woolwich Township we have a number of wind and solar facilities in place and we are of course involved in the proposed Bio-Gas facility at Martin's Lane in Elmira. There will be a review done by the Province which will look at both the prices paid to renewable energy producers as well as the possibility of including other technologies into the program. One of these for example would be geothermal installations.

As is understandable there has been some criticism, not so much of the review itself, but of the timing. Businesses that build either solar panels or wind turbines would like to be able to confidently market their products to potential customers with a firm price that the customers will be paid if they put their excess energy back into the electrical grid. At the moment, as the title of the Observer's article indicates, these customers and manufactureres are in limbo.