Federal Consumer Incentives

Class 43 Accelerated Capital Cost Allowance and Canadian Renewable and Conservation Expenses

A 50% accelerated CCA is provided under Class 43.2 of Schedule II to the Income Tax Regulations for specified clean energy generation equipment. Eligible equipment includes solar thermal, solar air and solar photovoltaic equipment while project size restrictions have been eliminated.

Class 43.2 was introduced in 2005 and is currently available for assets acquired on or after February 23, 2005 and before 2012. For assets acquired before February 23, 2005, accelerated CCA is provided under Class 43.1 is 30%.

For more information visit the NRCan Office of Energy Efficiency (http://oee.nrcan.gc.ca/industrial/financial-assistance/tax-incentives.cfm?attr=24) and Finance Canada (http://www.budget.gc.ca/2007/plan/bpa5a-eng.html).