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