Solar Investment Tax Credit (ITC)

Take advantage of Government of Canada solar grants to super-charge your returns

Request a free quote from out team of experts

Save up to 30% on solar with ITC

Unlock the power of the sun and supercharge your business with AltaPro Electric. With the federal Investment Tax Credit (ITC) in full swing, there has never been a better time to embrace clean technologies and save big on your energy expenses! The ITC can help to offset the cost of installing a renewable energy system. This can make renewable energy more affordable and accessible to businesses.

At AltaPro Electric, we understand that businesses come in all shapes and sizes. That's why we offer an extensive array of solar systems, carefully tailored to suit your specific requirements. From small enterprises to large corporations, we've got the perfect solar solution just waiting to transform your energy landscape.

Our team of solar professionals is here to guide you through every step of the process. We'll work closely with you to design a solar system that not only meets your needs but also fits into your budget. We take care of all the necessary permits and ensure a seamless installation.

Energy Independence

By installing a solar energy system, you become less reliant on traditional energy sources, such as electricity from the grid. This means that you are less vulnerable to power outages, price increases, and other issues that can arise with traditional energy sources.

In addition, many businesses and homeowners are opting for off-grid solar energy systems, which completely eliminate their dependence on the grid. This gives them complete control over their energy usage and costs, as well as provides backup power during power outages.

AltaPro is your best choice because of their focus on providing high-quality, customized solutions for homeowners and businesses. We have a strong commitment to helping their customers achieve energy independence by providing expert advice and top-of-the-line products.

Designing and Installing Photovoltaic Systems

Design

Designing a solar energy system requires careful consideration of factors such as location, energy consumption, and budget. A professional solar energy designer will take into account the orientation and tilt of your roof, as well as shading patterns, to ensure that the solar panels receive optimal sun exposure. AltaPro Electric will also work with you to determine the size and configuration of the system that best meets your energy needs and budget.

Install

Installing a solar energy system can be a complex process, but with the help of a professional solar energy installer, it can be completed efficiently and safely. AltaPro Electric will handle all aspects of the installation, from obtaining necessary permits to mounting the solar panels and connecting them to the electrical grid. They will also ensure that the system is properly grounded and meets all electrical and building code requirements.

Maintenance

Maintaining a solar energy system is crucial to ensure its longevity and performance. Regular cleaning and inspection of the panels can help prevent dirt and debris buildup, which can reduce their efficiency. In addition, it's important to monitor the performance of the system and have it serviced by a professional if necessary. With proper maintenance, a solar energy system can last for 25 years or more and provide a reliable source of energy for your home or business.

Learn why AltaPro is one of the best companies in Alberta when it comes to the design and installation of photovoltaic systems.

Investment Tax Credit FAQ

Who is eligible for the ITC?

The ITC is available to businesses and individuals who invest in clean technologies. The project must be located in Canada and must be completed before 2034.

What does ITC mean?

ITC stand for Investment Tax Credit, This Tax Credit was introduced by Government of Canada to help move towards net zero carbon emissions.

What is Canada's 30% Solar Tax Credit

As of March 28th, 2023 Canada introduced a "Investment Tax Credit" that includes benefits for Solar. This new Tax Credit runs until 2035 and if met the measures required by the CRA claim up to 30% of the value as a tax deduction.

What are the benefits of the ITC?

The ITC can provide a significant financial incentive for businesses and individuals considering investing in clean technologies. The credit can help to offset the upfront cost of solar panels and other equipment, making solar a more affordable option for those looking to reduce their energy costs and environmental impact.

How much is the ITC?

The ITC is a 30% tax credit on the capital cost of the project.

How do I claim the ITC?

The ITC can be claimed on your federal income tax return.

What if I have more than one project for ITC?

If you have more than one project, you can claim the ITC for each project separately. However, you cannot claim more than $2,500,000 in total for all of your projects.

What are the different types of clean technologies that qualify for the ITC?

ITC support a wide range of clean energy solutions such as Solar PV, Wind turbines, Hydroelectric power, Geothermal energy, Biomass energy, Fuel cells, Energy storage systems.

Our Partners