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The Province of Ontario is stepping up their game and preparing to deliver thousands of new jobs as part of the new green economy under Ontario’s Green Energy Act.
Ontario’s new regulations provide a stable investment environment where companies know what the rules are — giving them the confidence to invest in Ontario, hire workers, and produce and sell renewable energy.
What The Ontario Green Energy Act Will Deliver
- A Feed-In-Tariff program, which allows individuals and companies to sell renewable energy — like solar, wind, water, biomass, biogas and landfill gas — into the grid at set rates.
- Domestic content requirements, which would ensure at least 25 per cent of wind projects and 50 per cent of solar projects be produced in Ontario — requirements for solar will increase by January 1, 2011 and wind will increase by January 1, 2012.
- A streamlined approvals process and a service guarantee to bring developers greater certainty.
- Regulations for setting wind turbines certain distances from houses, roadways and property lines.
- A new Ontario Renewable Energy Facilitation Office — a one-stop shop to help renewable energy projects get off the ground faster.
“Ontario has taken the lead in Canada and set the ground rules for doing green business. Now investors, renewable energy companies and skilled workers can really move our green economy forward,” said Dalton McGuinty, Premier of Ontario.