Government Solar Rebates 2024. There are government subsidies, rebates and loan options that can help you pay for rooftop solar or an associated battery for your home or business. The federal solar investment tax credit (itc) offers a direct reduction in taxes owed as an incentive for installing a new solar energy system.
Through the greener homes grant program, the government of canada has been providing canadian homeowners with grants of up to $5,000 since december 1, 2020 to improve the energy efficiency of their homes and reduce their energy bills. The amount you can claim directly reduces the amount of tax you owe.