INCENTIVES

·       BC Hydro Commercial Solar & Battery rebates

o   BC Hydro offers rebates up to $10,000 on eligible grid-connected solar panels and up to an additional $10,000 for battery storage systems for a total of $20,000 in savings.

o   https://www.bchydro.com/powersmart/business/programs/buy-upgrade-equipment/solar-battery-rebates.html

·       Clean Technology Investment Tax Credit (CT ITC)

o   A refundable tax credit worth up to 30% of the capital cost of eligible clean-technology equipment purchased and installed by a Canadian corporation.

o   https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/business-tax-credits/clean-economy-itc/clean-technology-itc/about-ct-itc.html

·       PST Exemptions

 

o   In BC, solar PV equipment and eligible installation materials are exempt from the 7% Provincial Sales Tax.