The Hayter Group

July 18, 2012 14:53 ET

Ontario Power Authority Announces New Rates for Stalled Solar Energy Contracts

Early Applicants Promised Priority Preference

ALVINSTON, ONTARIO--(Marketwire - July 18, 2012) -

Editors Note: There is a photo associated with this press release.

In a statement released late last week, the Ontario Power Authority announced the new rules and rates for its popular microFIT program. While most of the changes to the program were alluded to in March with the release of the draft revisions, there were still a few details that had to be confirmed before any contract holders or new applicants could hope to move ahead.

"With the original microFIT program, the Power Authority had an overwhelming response, and it took everyone by surprise," explained Matt McLean, Solar Department head at the Hayter Group. "In fact, there were quite a few bumps in the road, including 'blackout areas' where the Power Authority was limited in the number of contracts allowed to feed power back onto the grid as well as the fact that the program's popularity created a huge backlog in applications."

While all solar contract work was stalled this winter/spring as both applicants and contractors awaited the new rates and rules, the Power Authority has guaranteed that all who have already applied (from Sept 01, 2011 forward) will receive priority attention providing they follow the new rules as laid out on the Power Authority website: http://microfit.powerauthority.on.ca/.

Some solar contractors are stepping up and committing to help applicants and potential applicants as they try to successfully navigate the bureaucratic process. "We've always done all the paperwork for our clients," McLean added. "We know the rules and can steer everything to the proper government channels, which is handy since anyone who applied after September 1st, 2011 must now resubmit under the new program by Friday, August 10th2012."

The microFIT Program was launched in 2009 as part of the Ontario government's Green Energy Act with efforts to increase renewable energy in the province. The program provides homeowners and other eligible participants with the opportunity to develop a small or "micro" renewable electricity generation project (10 kilowatts (kW) or less in size) on their property.

Under the program, participants will be paid a guaranteed price of 54.9 cents per kilowatt-hour (kWh) over a 20-year term for all the electricity they produce and deliver to the province's electricity grid.

The Hayter Group is one of Ontario's fastest growing energy and home comfort companies, specializing in solar and geothermal technologies with locations in Alvinston, Chatham and Cambridge.

To schedule an interview with Matt McLean of The Hayter Group, please call his direct line at 519-476-0196, or email mattm@hayters.net.

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20120718-solar1.jpg.

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