FOR IMMEDIATE RELEASE
Novemebr 1, 2013
Québec: New Green Retrofit Tax Credit topped at $10,000
Quebec Government announced on October 7, 2013 the establishment of a 20 % green income tax credit for the replacement of fossil fuel heating systems with renewable energy systems such as geothermal heat pumps. The maximum tax credit is set at $10,000. For example, a $25,000 geothermal heat pump system could qualify for a $5,000 income tax credit.