Solar Reversal

It looks like the government is changing it's tune on solar -- at least by a little... (from OFA)

This summer, the OFA and its members strongly lobbied the Ontario Government to reconsider a rate change proposal to lower microFIT prices for ground-mounted solar projects which would have resulted in serious financial losses for many farmers across the province. As of today, the original rate structure of 80.2 cents per kWh will be honoured for applications received prior to July 2, 2010. New applicants seeking small ground-mounted solar projects will be eligible for a rate of 64.2 cents per kWh, while rooftop solar projects will remain at 80.2 cents.

While this is good news for all those with applications in the system -- I still question of the logic of the change in the first place. Government should have known the costs of these systems before putting the program together. They also should not have said the rate would be in place until October 2011 - so take your time!

I guess I've learned my lesson - don't waste time doing your due diligence -- just get in on any program with the first guy that comes knocking on your door!