CanREA

Canadian Renewable Energy Alliance

True Cost of Peak Power in Ontario Much Higher than Solar Feed-in Tariff

peak-power-costs

This graph illustrates how the tariffs paid for solar PV power under the Ontario FIT (44.3 – 71.3 cents/kWh) and MicroFIT (64.2 – 80.2 cents/kWh) programs are less than the cost of meeting the summer peak in Ontario. Note $500/MWh = 50 cents/kWh.

The Ontario Clean Air Alliance estiamtes that the average cost of peak power during a typical six hour peak is $1,360/Mwh or $1.36 per kWh.

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2 Comments

  1. Luckily this is only an implied peak so hopefully it will be less than this when it comes round.

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  1. Ontario’s Renewable Power Transition Under Threat | CanREA

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