Government Grant and Loan
Canada Greener Homes GrantThe Government of Canada offers up to $5000 grant under the renewable energy program. Under the Canada Greener Homes initiative, you can receive a grant for installing solar photovoltaic technology that converts sunlight directly into electricity. Under the climate resiliency grants, you may be eligible for reimbursements for a portion of the cost of the installation of batteries to store your solar energy.
Check the following link to get the grant.
Canada Greener Homes Loan interest free up to $40,000
The Canada Greener Homes Loan helps Canadians make their homes more energy efficient and comfortable. It offers interest-free financing in addition to the Canada Greener Homes Grant to help you complete some of the more major retrofits recommended by your energy advisor.
Check the following link for more information.
Clean Technology Investment Tax Credit
A refundable 30% tax credit on capital cost of investments made by taxable entities (businesses) in wind, solar PV and energy-storage technologies. This credit is available to all project spending started on or after, March 28, 2023, though to 2034 and is designed to be used in conjunction with the existing enhanced Capital Cost Allowance.