What Business Owners Need to Know!
Businesses investing in solar energy can benefit from several financial incentives designed to offset installation costs.
1. BC Hydro Solar and Battery Storage Rebates
BC hydro is offering commercial business rebates on grid tied solar panels as well as battery storage systems. These rebates are stackable; a commercial business can access up to $50,000 in rebates through this program.
Solar Panels: Eligible businesses can receive up to $25,000, covering up to 50% of the total installation cost.
Battery Storage Systems: An additional rebate of up to $25,000 is available for battery storage, also covering up to 50% of the total cost.
2. Federal Investment Tax Credit
The Canadian federal government offers an investment Tax Credit that allows commercial businesses to claim up to 30% of the total cost of their solar energy system as a tax deduction in the first year of purchase.
Integrated Solar Solutions make it easier for commercial businesses to make the switch to solar power in BC. Click the link to contact us
https://integratedsolarsolutionsbc.com/contact-us/ , let us help you make the switch today.
