What is the Feed in Tariff (FIT) and how does it affect me?
The Feed in Tariff (FIT) is a fixed price incentive, offered by the Ontario Power Authority to increase the amount of renewable energy generation in Ontario, while providing reasonable returns (income) to those that wish to generate green energy, like solar energy. Under the FIT Price Schedule, Residential Solar PV Panels recieve the highest contract price (also the highest in the world), which should be a high enough incentive for someone who wants to use PV panels on their home and help the environment, while getting a steady additional income stream.
