“Did you know…
The Government provides investment incentives for certain clean energy generation and conservation equipment used in businesses to generate income.
Equipment purchased after December 31, 2024 qualifies as Class 43.1, eligible for:
75% depreciation (CCA) in the first year (2025/2026 only).
30% annual depreciation (declining balance) afterward.
Related costs, such as pre-feasibility studies, feasibility studies, and process engineering, qualify as Canadian Renewable and Conservation Expenses (CRCE):
These are fully deductible in the year incurred or can be carried forward indefinitely.
To claim CCA:
The equipment must be purchased for income generation.
It must be available for use.
Additional tax credits and rebates include:
Clean Technology Investment Tax Credit (30%).
Provincial programs, such as:
Clean BC rebate/incentive program.
Alberta-specific programs.
Rebates from BC Hydro.
Reach out to us for more information!"