Co-Energy Canada provides customers with a fixed cost for a complete turnkey package. We can also connect you with lenders or leasing companies familiar with CHP projects. In addition, clients will get a robust Service Contract to operate and maintain the system throughout the warranty period. Clients are then given the option to secure ongoing service contacts with Co-Energy Canada to ensure efficient, reliable maintenance of your investment.
Government Rebates & Incentives
Many provinces and/or Local Distribution Companies provide grants and other incentives for installing these high-efficiency CHP systems for Demand Side Management (DSM). Co-Energy Canada will assist our clients in searching for and completing these grant proposals. In many cases, Preliminary Engineering Studies are funding in whole or in part by this entities.
Enhanced Capital Allowances
The Canadian Federal Government encourages businesses to invest in clean energy generation and energy efficiency equipment by providing an accelerated capital cost allowance (CCA) rate under Class 43.2.
Class 43.2 allows the cost of eligible assets to be deducted at a rate of 50 per cent per year on a declining balance basis. In addition, if the majority of tangible property in a project is eligible for inclusion in Class 43.2, then certain related intangible property start-up expenses are treated as Canadian Renewable and Conservation Expenses.
This Class includes equipment that generates or conserves energy by making efficient use of fossil fuels.
If you think a capital purchase may be in your plans or would like further information, then contact us at:1-416-995-7201 or email us.