New Market Opportunity: Ontario’s New Feed-In Tariff Program
In order to propose a viable feed-in tariff scheme for Saskatchewan, we must first consider the unique properties of Saskatchewan. Saskatchewan is blessed with abundant yearly sunshine. Saskatchewan receives the most hours of sunshine per year, an average of 2000 - 2500 hours of sunshine annually make it Canada's sunniest Province. The City of Estevan in the southeast records an average of 2540 hours of sunshine a year. Since Saskatchewan solar resources have a higher capacity factor than Ontario’s, the province does not need to provide as large a fiscal incentive as Ontario to create an equivalently profitable solar industry. This means that it can scale back the incentive portion of the Feed-in tariff by an amount proportional to the difference in capacity factors between Saskatchewan and Ontario. It is our estimation that an incentive approximately one third the size of Ontario’s will be a reasonable subsidy for Saskatchewan’s solar industry.
Saskatchewan Small Scale Producers (under 100kW production potential) Tariff program:
Solar PV 32.4¢/kWh
Wind 11.7¢/kWh
