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Accounting for rebates paid
For example, bricklaying services for a house development project.
Consumer-Sited Renewable Energy Generation within Holy Crosss service territory.
Click here for the HCE list of contractors.
No, qualifying Food/Drinks, yes No No No No Newspapers Yes No No No No Designated items for the point-of-sale rebate (Canada Revenue Agency) provides a list of GST/HST Info Sheets on individual designated items and how the HST applies in different provinces.Before you sign on the dotted line, Holy Cross Energy recommends that you do your research. .If the industry average is 13 margin on ATV sales and you are calculating 4 for your unit sales, then you would be relying on wrong information to make decisions.Holy Cross Energy offers incentives pottery barn promo codes october 2014 to consumers who install qualifying renewable generation at their homes or businesses.Any installations not completed (including all required documentation) before the reservation expires will lose their reservation.At the end of the billing month, Holy Cross will carry any excess generation forward to offset any net consumption on the next months bill. Effective immediately all generator interconnect applications must include a fully detailed and complete system one-line and site plan depicting any existing on-site power sources, the proposed power source(s and any disconnects or breakers between the source(s) and the Holy Cross transformer.It makes sense that you must be comparing apples to apples for these results to have any value.Check with your friends and neighbors, look for references and reviews on the company, ask for a list of installed projects, and as with any project, get more than one estimate.This rate has increased.7 on average since 2005 as shown below.Eligible systems include those using solar, hydro, biomass, geothermal or wind energy to generate electricity.
How Net Metering Works and Understanding Your Bill for Renewable Energy Customers.
The following document explains how you receive credit on your bill for any renewable energy produced by an on-site generator.
TR 2004/5, income tax: taxation treatment of volume rebates paid to a retailer association.
As a GST/HST registrant, you have two options for accounting for the rebate amount on your GST/HST return.
Claiming Point-of-Sale Rebates The rebate amounts need to be entered on your GST/HST return.
Believing you are only earning a 4 margin when in reality you are earning 11 with your rebates factored in, can lead to all kinds of bad decisions.Set laptop discount parts up a receivable as you earn each unit rebate.The manufacturers are no different they want you to buy as many units as possible so they build in incentives.But that would defeat the purpose.However, Holy Cross will offer a REC purchase price of 150/kW for the first 25 kW installed at a site. In the case of new construction, detailed descriptions of the proposed and approved equipment are required.We will allow consumers who install generators up to 500 kW for photovoltaic systems or 50 kW for other systems to net meter the generation against the electric consumption at the same meter.Information on Holy Cross requirements and evaluation process can be found at our.Net metering, holy Cross will provide net metering service to consumers who install eligible generation behind their electric service meter. As such we will continue to evaluate our policies and operations for efficiency, safety, and environmental improvements.