The Ontario Ministry of Energy, Northern Development and Mines announced today that the following two regulatory amendments made to Ontario’s net metering framework have been revoked:
Ontario Regulation 273/18, a regulation amending Ontario’s net metering regulation (O. Reg. 541/05: Net Metering) under the Ontario Energy Board Act, 1998. The amendment would have enabled third party ownership of net-metered facilities and provided flexibility for virtual net metering demonstration projects.
Ontario Regulation 275/18, a regulation amending Ontario’s energy consumer protection regulation (O. Reg. 389/10: General) under the Energy Consumer Protection Act, 2010 to recognize third-party ownership business models for net metering.
The amendmenrts would have taken effect on October 1, 2018. We anticipate that this decision will have an impact on energy storage and other innovative energy solutions.