Posts Categorized: Promotions

Geothermal Funding for Farmers

Government Funding for Farm Geothermal Installations

Growing Forward Geothermal Funding Funding is now available for farmers to convert heating and cooling systems for their production facilities to geothermal. The Government funding initiative is intended to lower greenhouse gas emissions from agricultural operations. Up to 35% of your new geothermal system cost can be funded for approved projects. The maximum available funding… Read more »

Geothermal Tax Break

Tax Break

In addition to long-term energy cost savings, farmers and small business owners can take advantage of accelerated depreciation on geothermal equipment. The entire system qualifies for Class 43.2 Capital Cost Allowance (CCA). This allows you to write off 25% in year one and 50% of the declining balance in the following tax years. The cost… Read more »