Maximize Your Commercial Solar Savings with Ontario Incentives

Transform Your Business Energy Costs


Unlock substantial government incentives, tax credits, and depreciation benefits for your commercial solar installation.

Why Solar Makes Financial Sense for Your Business

  • Significant government incentives available now
  • Reduce operational costs immediately
  • Generate long-term energy savings
  • Enhance your sustainability profile
  • Expert guidance through the entire process

Available Solar Incentives for Ontario Businesses

  1. Save On Energy Retrofit Program
  • Immediate Financial Impact: Up to $860/kW-AC in Direct Incentives
  • Eligible project size: 10 kW – 1 MW (AC)
  • Quick approval process
  • Direct reduction in initial investment
  • Example: Receive up-to $146,071 in incentives on a 169.5 kW-AC installation

 

  1. Clean Technology Investment Tax Credit (CT ITC)
  • Maximize Returns: Up to 30% Tax Credit
  • Available for Canadian corporations
  • Refundable tax credit structure
  • Enhanced rates for meeting labour requirements
  • Example: Qualify for $79,712 in tax credits on a $398,561 project
  1. Accelerated Depreciation Benefits
  • Improve Cash Flow with CCA Classes 43.1 & 43.2
  • Depreciation Schedule:
  • 75% (2025)
    55% (2026-2027)
    50% (2028-2031)

 

Potential Tax Savings: $99,638 through qualified depreciation

The Numbers That Matter

Your Potential Financial Benefits

  • Total Available Incentives: $325,421
  • 30-Year Electric Savings: $1,657,243
  • Payback Period: 3.8 years
  • Internal Rate of Return: 21%
  • ROI: 396.2%

Why Choose Hammond Renewable Energy?

  • Ontario-focused commercial solar experts
  • Full-service design and installation
  • Maximized incentive qualification
  • Custom solutions for your business
  • Proven track record of success

Start Saving with Solar Today

Book your free consultation with our commercial solar experts!

Start Saving with Solar Today

Book your free consultation with our commercial solar experts!