CRA approves ITC payments for residential microFIT solar systems
September 27, 2011
The Canada Revenue Agency has approved payments for Input Tax Credits (ITC's) for residential microFIT solar systems. The purchase and installation of microFIT solar systems can be classified as "Capital Personal Property", which is eligible for an ITC. To find out more, read the CRA information sheet, The GST/HST Implications of the Acquisition of Solar Panels under the micro Feed-in Tariff program in Ontario.
Hearthmakers launches 2011 Well Aware program and RAIN
June 20, 2011
Hearthmakers Energy Cooperative has launched the 2011 season of the Well Aware program. Well Aware is a free service available to homeowners and provides customized information on maintaining and testing your well and protecting ground water sources. Visit www.hearthmakers.org for more information. Hearthmakers is also looking for volunteers and donations (cash, plant material, tools etc.) to help build a rain garden at the Utilities Kingston water conservation garden on 1211 John Counter Boulevard. Email csr@hearthmakers.org or call 613.547.8122 if you would like to help out.
Kingston Walks offers Towers & Turbines tour starting July 2
June 10, 2011
Kingston Walks will be offering the Towers & Turbines tour this summer. From July 2 to September 5 there will be a daily tour leaving at 10:00 am from the Tourist Information Office at 209 Ontario Street. The tour combines local history with a visit to the Wolfe Island Wind Farm and information on green energy. Tickets are $10 per person plus HST or $15 plus HST for families. The tour leaves daily at 10:00 am or by reservation. For more information, email info@kingstonwalks.com or call Kingston Walks, 613.547.2099.
CRA puts province-wide moratorium on HST-ITC refunds for microFIT solar systems
June 7, 2011
The Canada Revenue Agency has placed a province-wide moratorium on HST-ITC refunds for microFIT solar systems (mostly residential and farm locations). The main issue appears to be whether the solar power system is on commercial property or on property that is used for at least 90% commercial purposes. CanSIA is trying to raise funds towards a technical interpretation of the Excise Tax Act and Income Tax Act. Torys LLP tax practice has indicated that this would be the most effective means to address the HST input tax credit for microFIT systems. For more information, visit www.cansia.ca and search under HST solar systems.
Government of Ontario issues moratorium on offshore wind development
February 15, 2011
The Ontario Government has issued a moratorium on offshore wind developments. No new FIT applications will be accepted for offshore wind, and no Renewable Energy Approvals will be issued. To read a response from the Canadian Wind Energy Association (CanWEA), visit their website, www.canwea.ca
