ARCTIUM ENERGY COMPANY Programs / Clean Electricity ITC
OPEN Clean Electricity Investment Tax Credit
Open to owners the Clean Technology credit does not reach.
15% of eligible capital Indicative value
Federal Jurisdiction
What it is
A 15% credit aimed at owners outside the taxable-corporation world: municipal corporations, Indigenous-owned corporations, designated Crown corporations and certain pension structures.
Timing
Open now. Property must be available for use by the end of 2034.
Who qualifies
- Qualifying municipal or Indigenous-owned corporation
- Designated provincial or territorial Crown corporation
- Certain pension and trust structures
- Property acquired from 16 April 2024, in use by end of 2034
What it is worth
- 15% of eligible capital
- Reaches owners the Clean Technology ITC cannot
- Often paired with provincial Indigenous equity financing
Watch out for
- Mutually exclusive with the Clean Technology ITC on the same property
- The right credit depends on the owner, not the equipment
- Ownership structure is worth settling before the capital plan
The architecture that suits it
P09 — Renewable Island Microgrid
P09 // BESS + RENEWABLE
NO UPS
Solar / Wind
BESS
PCS / Inverter
DC Protection
Breaker
Switchboard
Transformer (if required)
Loads
EMS / Controller
BMS
Swipe to pan →
How we help
We work with your advisers to confirm which credit the ownership structure reaches before the budget is fixed.