The BC government formally announced on June 22, 2012 that it was not planning to proceed with the implementation of the BC Feed-in Tariff (FIT) Regulation, citing efforts to limit electricity rate increases. Currently, the Clean Energy Act allows, but does not require, BC Hydro to introduce FIT programs.
In August 2010, the BC Ministry of Energy, Mines and Natural Gas (the Ministry) released a Consultation Paper to inform stakeholders and the public of its intention to develop the FIT Regulation to facilitate fulfilment of BC’s 16 energy objectives. According to the Ministry, the purpose of the FIT program was to develop a market to encourage the development of new technologies to supply electricity from renewable resources in the province. While demonstrating the performance of emerging technologies, small-scale electricity generating projects could also earn revenue under the program. The FIT Regulation was expected to set out eligibility criteria for participation in a FIT, along with other key aspects of the program. The deadline for public comments was September 30, 2010 and the government received 108 comments from industry, non-governmental organizations, academics, community organizations, First Nations, municipalities and the general public.