Clean energy and energy conservation equipment in New Brunswick
A New Brunswick corporation buying solar, storage and efficiency equipment on or after September 15, 2026 can deduct 100% of the cost in the year the property is available for use. Combined tax rates in New Brunswick: 11.5% on small business income and 29.0% at the general rate.
Does New Brunswick follow the federal rule? Follows the federal rule New Brunswick calculates corporate tax on the federal tax base, so the federal deduction would flow through if it is enacted. Details and sources
Clean energy and energy conservation equipment in New Brunswick
Worked examples
| Purchase | Old year-one deduction | New year-one deduction | Tax reduction (small business) | Tax reduction (general rate) | NPV benefit (general) |
|---|---|---|---|---|---|
| $25,000 | $3,750 | $25,000 | $2,875 | $7,250 | $1,085 |
| $100,000 | $15,000 | $100,000 | $11,500 | $29,000 | $4,339 |
| $250,000 | $37,500 | $250,000 | $28,750 | $72,500 | $10,847 |
New Brunswick's 14% general rate is among the highest, which makes accelerated deductions worth more to larger corporations here. Stack the deduction with any available clean technology ITC. The credit reduces the capital cost for CCA purposes, so run the numbers both ways.
What sales tax does to your deductible cost in New Brunswick
New Brunswick charges HST 15% on most equipment purchases. A business registered for GST/HST recovers that tax through input tax credits, so it is not part of the capital cost and not part of what you deduct. Enter the price before tax in the calculator.
If you are not registered for GST/HST, the tax you cannot recover does form part of the capital cost. Most businesses buying equipment at this level are registered.
See also: all assets in New Brunswick · Clean energy and energy conservation equipment in other provinces
Free: the Year-End Purchase Checklist (PDF)
One page. What qualifies, what does not, the 'available for use' trap, and the seven questions to ask your accountant before you buy. No spam, unsubscribe any time.
The Mega Deduction Year-End Playbook
Everything you need to walk into your accountant's office with a plan instead of a question. Built for owner-managed Canadian businesses that expect a profitable 2026.
- Excel purchase planner with every province's rates and every CCA class pre-loaded. Model up to 12 purchases, see the year-one deduction, tax reduction and 10-year comparison for each.
- The 46-page Playbook (PDF): eligibility by asset class, the exclusions, 'available for use' rules, financing vs. leasing, recapture risk, CCPC vs. sole proprietor, and worked examples for 12 industries.
- Accountant brief template (Word): a one-page memo you fill in and send so your accountant can confirm the plan in one email instead of a meeting.
- 30-day action plan for purchases that must be delivered and installed before your fiscal year-end.
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