Clean Technology Investment Tax Credit
30% refundable- Refundable credit on eligible capital cost of standalone battery storage acquired and available for use before 2034 (reduced to 15% in 2034).
- Equipment must qualify under CRA Class 43.1 / 43.2 — outdoor containerized LFP systems with a rated capacity above 10 kWh generally qualify.
- The full 30% rate requires meeting prevailing wage and apprenticeship labour requirements; otherwise the rate drops to 20%.
- Government assistance such as a provincial grant reduces the capital cost base, so the ITC is computed on the net amount.