Can I claim HST on my MicroFIT system?
Yes! Canada Revenue Agency allows HST claims on eligible MicroFIT projects. The purchase and installation of MicroFIT solar systems will be interpreted as a ‘Capital Personal Property’, which is eligible for an HST ITC. See here for a relevant information sheet:
Or you can skip the HST number and just capitalize the HST along with your system cost and connection cost, then depreciate the whole amount year after year. As always, consult a tax adviser for details.