Canada’s Federal Clean Technology Investment Tax Credits For Businesses

The federal government is encouraging businesses to adopt clean technology by offering a generous tax credit of up to 30%. This incentive makes solar more accessible and profitable, helping businesses reduce their carbon footprint and energy costs.

How the Federal Clean Technology Investment Tax Credit Works

The Federal Clean Technology Investment Tax Credit (ITC) supports commercial solar installations for both taxable and non-taxable organizations. However, it does not apply to residential systems.

• Full 30% tax credit: Available for systems installed between 2023 and 2033
• Reduced 15% credit: Applies to systems installed in 2034
• No credit: For installations completed after 2034

Maximize Your Savings with Stacked Incentives

Pairing the ITC with other local rebates or funding programs can significantly reduce your upfront costs. Many provinces offer loans, grants, or rebate programs to promote renewable energy adoption. By combining incentives, you could shrink your payback period to as little as 5 years.

The ITC is also compatible with solar programs like Net Metering and Behind-the-Meter systems, giving you the flexibility to choose the setup that best suits your business.

Connect With a Qualified Solar Installer

We help businesses connect with qualified and experienced solar installers! Working with a solar company provides your company with solar benefits without any added stress. A certified solar installer can:

• Assess your eligibility for the ITC and other rebates
• Handle the application process to secure your incentives
• Deliver seamless installation and support

By generating your own electricity, you’ll reduce dependence on the grid and protect your business from rising energy rates. With faster returns and long-term savings, your solar investment will pay off sooner than you think.