Did you know you can earn a 30% refundable tax credit on your farm by installing solar panels? The Clean Technology Investment Tax Credit (CTITC) is available for Canadian farmers and agricultural property owners.
Installing solar panels on your farm isn’t just an investment in clean energy; it’s a strategic move to boost profits and secure the Clean Technology Investment Tax Credit (CT ITC). By embracing solar technology, agricultural businesses in Canada can claim a generous 30% refundable tax credit on the capital cost of their installations. To top this off, we offer a minimum 25-year performance warranty on our solar panels so that you can know your investment is in good hands.
This substantial incentive significantly reduces upfront costs, making solar installations more affordable and appealing. Beyond immediate savings, solar energy offers long-term financial benefits by:
It’s a top strategy for farmers in Western Canada who are aiming to increase profitability while contributing to a sustainable future.
Adopting solar technology on your farm transcends immediate tax benefits, paving the way for enduring financial savings. With solar panels from EVOLVsolar, you lock in low energy rates, shield yourself from fluctuating power costs, and significantly reduce operational expenses over time. This investment ensures a sustainable, cost-effective energy solution for decades, enhancing your farm’s profitability and environmental stewardship.
EVOLVsolar provides flexible financing tailored to farmers, aligning with the seasonal nature of agricultural income. These customized payment plans make solar investments accessible, ensuring financial ease as you transition to sustainable energy solutions. See an accelerated amortization on payments too. Per section 43.2 of the tax code, projects completed prior to Dec 31, 2025, will be at a year 1 rate of 75% with a 50% declining balance thereafter.
The Clean Technology Investment Tax Credit significantly lowers the financial barrier to adopting solar energy for farmers, covering not just installation costs, but also associated expenses. This makes it easier for farms to meet their Environmental, Social, and Governance (ESG) goals affordably, turning sustainable practices into a cost-effective reality.
We take pride in our track record of delivering agricultural projects on time, within budget, and with precision at EVOLVsolar. Take a look at these PV systems we’ve successfully installed across Western Canada below, many of which are designed for both agricultural and commercial use.
I cannot recommend this team enough! I was concerned that my solar project was going to be very complex due to some nuances with my application. The team dug right in, came up with a brilliant solution, got the job done on time, and took care of absolutely everything (including all of the paperwork.) Definitely a happy customer, and I’ve already referred them to a few friends.
The integration of solar energy into agricultural practices is a cornerstone for building a sustainable future alongside a burgeoning green economy in Canada. By using the power of the sun, farms can significantly reduce their carbon footprint, paving the way for a cleaner, more sustainable farming industry. Especially with a minimum 25-year performance warranty on our solar panels, you can be assured that your farm will be green-powered in the long run.
This shift not only aligns with global efforts to combat climate change, but also stimulates economic growth by creating green jobs and fostering innovation in renewable technologies.
Solar energy, with its inexhaustible supply, offers a reliable and cost-effective solution, ensuring food security and environmental sustainability. As more farms adopt solar, they contribute to a resilient green economy, setting a precedent for sustainable development worldwide.
It’s a 30% refundable tax credit for Canadian farmers who install solar panels, aimed at reducing installation and associated costs, encouraging sustainable practices.
Yes, any agricultural operation in Western Canada installing eligible solar technology can qualify for this tax credit.
Solar energy significantly lowers electricity bills by generating free power from the sun, offering protection against rising energy prices and reducing dependence on the grid.
EVOLVsolar specializes in custom solar solutions tailored to the unique needs of Canadian farmers, ensuring optimal efficiency, reliability, and long-term savings.
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