Howdy folks! We wanted to make sure that the week's most monumental news didn't pass you by: after several months of controversy and uncertainty, the OPA has announced their final pricing structure for microFIT solar systems.

As explained by the Toronto Sun, the "owners of eligible projects who applied before July 2, 2010, will get the original price offer of 80.2¢ per kilowatt-hour", while applications signed after July 2nd will receive a new price of 64.2¢ per kilowatt-hour (up from the originally-proposed 58.8¢ per kilowatt-hour).

The government has listened and responded, reversing their initial position, and grandfathering all application before July 2, 2010 at 80.2 cents. This is good news for farmers and rural landowners who had been waiting patiently for many months. Going forward, 64.3 cents is not at all bad, and with manual tracking, our customers should be able to get a 12 to 14% return on their money – not bad at all! The OPA has also extended the date for Ontario Content Compliance to May 31, 2011. This is good news, as it will allow many more people to take advantage of well-priced currently available product.

Additionally, the OPA is no longer allowing aggregators to participate in the MicroFIT program. They are, however, preparing a program specifically for aggregators, that will allow all Ontario property owners an opportunity to profit-share with us, and gain revenue from their vacant land, or rooftops. Anyone interesting in partnering with Clearly Solar should contact us for more information.

Think Clearly!