How is the FIT different from the RESOP? What about homeowners who are currently contracted under the RESOP program?
RESOP is an older energy contract agreement under the Government of Ontario. The main difference between the RESOP and the FIT are that FIT contract prices are differentiated by size and technology, and typically have a more beneficial rate of return. Homeowners who are currently contracted under the RESOP program will see their contract through; however any new renewable projects will now be considered under the FIT.
