Grant and loan
Canadian Grant for Greener Homes
The Government of Canada is offering a grant of up to $5,000 under the Renewable Energy Program. Under the Canada Greener Homes initiative, you can receive a grant for the installation of solar photovoltaic technology that converts sunlight directly into electricity. Under the Climate Resilience Grants, you may qualify for reimbursement of part of the cost of installing batteries to store your solar power.
Check the following link to get the grant.
https://www.nrcan.gc.ca/energy-efficiency/homes/canada-greener-homes-grant/make-your-home-more-energy-efficient/plan-document-and-complete-your-home- retrofits/eligible-grants-for-my-home-retrofit/23504#s6
https://natural-resources.canada.ca/energy-efficiency/homes/canada-greener-homes-initiative/canada-greener-homes-grant/canada-greener-homes-grant/23441
Interest-free Canadian loan for greener homes 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 with some of the biggest renovations recommended by your energy advisor.
See the following link for more information.
https://www.nrcan.gc.ca/energy-efficiency/homes/canada-greener-homes-grant/canada-greener-homes-loan/24286#eligibility
Clean Technology Investment Tax Credit
Refundable tax credit of 30% on the capital cost of investments made by taxable entities (companies) in wind, solar photovoltaic and energy storage technologies. This credit is available for all project expenditures started on or after March 28, 2023, through 2034 and is designed to be used in conjunction with the existing enhanced capital cost allowance.
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