Clean Electricity Investment Tax Credit (ITC)

The Clean Electricity ITC is a refundable tax credit that encourages qualifying entities to invest capital in eligible clean electricity property in Canada.

The Canada Revenue Agency (CRA) and Natural Resources Canada (NRCan) administer the Clean Electricity ITC.

• CRA:

  • allows businesses and trusts to claim the credit on a corporate income tax return or trust return
  • performs audit and compliance activities
  • administers the Clean Electricity ITC

• NRCan:

  • provides engineering and scientific guidance on clean electricity property
  • provides technical administration and oversight for qualified natural gas energy systems including,
    • providing a natural gas energy system submission portal
    • evaluating systems and verifying property
    • providing guidance on emission intensity and validation firm requirements
    • providing guidance on emission intensity reporting and verification firm requirements
    • reviewing emission intensity compliance reports during the compliance period