Federal Government Announces New 30% Investment Tax Credit for Clean Technologies
The federal government has just announced the implementation of the Clean Technology Investment Tax Credit within the 2023 budget. This is a refundable 30% tax credit on capital cost of investments made by taxable entities in wind, solar PV and energy-storage technologies. This credit will be available to all project spending starting March 28, 2023, though to 2034.
Renewable Energy for your Home, Farm or Business
With the increase of available rebates and tax credits for clean technologies, now is the perfect time to consider switching to solar! Our team at Azgard will work closely with you to help you understand your energy needs and determine the best course of action to meet them. Our goal is to lower your electricity bills while utilizing these readily-available incentives and programs to further reduce your end-project costs as well as your payback timeline. Contact us today to start your solar journey!
For full details on the 2023 Budget and the Investment Tax Credit, click here.