Green Energy Equipment Tax Credit - Geothermal Heat Pump Systems

Manitoba tax credit for installing green energy equipment

Property owners who install a geothermal heat pump system in Manitoba can receive tax credits from the Manitoba government, a 7.5% tax credit on geothermal heat pumps that are manufactured in Manitoba for use in Manitoba, plus a 15% tax credit on the remainder of the capital costs of the geothermal system (excluding the heat pump) if the installer is certified by the Manitoba Geothermal Energy Alliance, Inc.

1. Review eligibility criteria to ensure your geothermal heat pump system qualifies for the tax credit 2. Gather all necessary documentation, including invoices and receipts for the capital costs of the system, as well as any required certifications 3. Complete the Manitoba Green Energy Equipment Tax Credit Worksheet for the installation of geothermal heat pump systems 4. File the completed worksheet along with your income tax return (T1 for individuals, T2 for corporations, or T3 for trusts) to claim the tax credit