RESOP Projects: Are current RESOP Contract holders eligible to apply for the FIT Program?
The OPA realizes there are a number of homeowners and developers who have signed RESOP Contracts who now may want the proposed prices under the FIT program. Existing OPA contract management polices do not provide for generation developers to option from one contract to a new contract as a result of a better offer coming forward. All contracts signed are binding on both parties. The draft FIT Program Rules are consistent with this policy and reflect that once a Contract has been executed, it is considered final. Throughout the ongoing development of the draft Program Rules over the next few months, options for ensuring the fair treatment of early movers under RESOP will be explored and discussed with stakeholders.
