Original content from Government of British Columbia website
Clean buildings tax credit
The clean buildings tax credit is a refundable income tax credit for qualifying retrofits that improve the energy efficiency of eligible commercial and multi-unit residential buildings with four or more units.
The retrofit must improve the energy efficiency of an eligible building and meet energy-use targets.
The credit amount is 5 percent of qualifying expenditures paid on the retrofit.
Eligible Buildings
To be eligible, the building being retrofitted must be located in B.C. and wholly consist of one or more of the following types:
- A multi-unit residential building consisting of four or more dwellings
- Accommodation (only includes buildings classified as class 6 property under the Assessment Act)
- A college or university
- Food services
- Hospital
- Logistics and warehousing
- Long-term care
- Offices
- Retail – food
- Retail – other
- Schools
- Other buildings classified as class 6 or class 8 property under the Assessment Act
Certifying your retrofit
Before you can claim the credit on your income tax return for the year, the retrofit must be certified with the Ministry of Finance.
More information on how to certify a retrofit will be available later. Subscribe to the Government of BC's What’s New in B.C. Income Taxes page to be notified when more information becomes available.
Important Dates
February 23, 2022 – First day that agreements can be entered into
March 31, 2025 – Last day qualifying expenditures can be made
March 31, 2026 – Last day qualifying retrofits can be completed
March 31, 2027 – Last day to submit certification information to the Ministry of Finance
For more information on qualifying retrofits, expenditures, and how to claim your credit visit the Government of British Columbia website.
