Solar power firms clouded by fears about program’s future
A recent article in the Globe and Mail talks about the provincial governments inconsisisent support of solar power.
Ontario’s burgeoning solar industry is a result of the advantage of a financing incentive the provincial government was rolling out this fall. That incentive was the feed-in-tariff (FIT) program, introduced as part of the Liberal Party’s Green Energy and Green Economy Act, to subsidize electricity generated by renewable sources of power and heralded as the most progressive scheme of its kind, earning accolades the world over.
The support that the government promised never came. If Progressive Conservative leader Tim Hudak is elected premier in the Oct. 6 election he may follow through with his threats to kill the FIT program.