A New Brunswick business combines NB Power net metering, possible incentives through Save Energy NB's Commercial Buildings Retrofit Program, and the 30% Clean Technology ITC. A net metering rate change is proposed, so sizing to load matters.
| Incentive | Notes |
|---|---|
| NB Power net metering | Offsets consumption; not for selling surplus |
| Commercial Buildings Retrofit Program | Check eligibility before any work starts |
| Clean Technology ITC | 30% refundable (20% without labour election), corporations & incorporated farms |
| Accelerated CCA | Class 43.1 / 43.2 |
NB Power directs businesses considering renewable generation to Save Energy NB's Commercial Buildings Retrofit or Industrial Energy Efficiency programs before any work begins[1]. Program details are on Save Energy NB[2]. Incorporated businesses claim the refundable ITC[3].
NB Power's rate application before the NBEUB proposes a lower export credit and a demand charge for net metering. Projects that match on-site load and manage demand hold up under either outcome. Homeowner? See NB home solar and net metering.
Confirm terms with NB Power, Save Energy NB and a tax professional. General information, not tax or financial advice.
