Who is the New 30% Solar Tax Credit for?
Generous Solar Tax Credits To Pay For Solar Panels Are Available Now.
Businesses of all types can benefit from solar tax credits and even combine them with other programs and incentives.
Municipalities, Universities, School Board, Hospitals
Farms and agricultural industries
Landlords and building owners of all types
Developers of all types
Curling clubs
Campgrounds
Don’t know if your business qualifies?
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Generous Solar Tax Credits To Pay For Solar Panels Are Available Now.
What Ontario Businesses Need to Know
Business ITCs
At the end of 2022 the Federal Government announced a generous investment tax credit (ITC) for businesses or all types to purchase solar, battery systems and heat pumps.
Solar Tax Credits Are Available Now!
Clean Technology Investment Tax Credit. A refundable 30% tax credit on the capital costs of eligible cleantech equipment – including solar panels and battery systems is available now!
Combinable
The credit can be combined with other programs, such as the 100% CCA (Capital Cost Allowance deduction).
Zero out of pocket leases are also available.
Talk to a Solar Financing Expert
At Otter Energy, we are experts at helping you finance your move to solar energy. Contact a solar energy financing expert today to learn about all your options.
Equipment Eligible for the Solar Tax Credit
Equipment
Premium Solar Panels
Solar panels that generate more power per square inch.
Equipment
High-Grade Heat Pumps
Heat pumps can save you money each year.
Equipment
Commercial Battery Backups
Backup batteries give you energy independence.