Sweden exempts from energy tax obligation on self-consumption all PV systems of as much as 500 kW

Sep 14, 2020 01:33 PM ET
  • On the top of the new financial step, the Swedish government has actually additionally introduced that the refund plan for roof PV, which was originally set up to be shut this year, will certainly be proceeded in 2021. It will only apply to communities as well as ventures and with a restricted budget plan of 260 million SEK ($ 29.6 million), nevertheless.
Sweden exempts from energy tax obligation on self-consumption all PV systems of as much as 500 kW
Image: Hl56, pixabay

The Swedish government has introduced it will certainly excuse all PV systems as much as 500 kW from the settlement of tax on electrical power generated by renewable resource power generators. Presently, the dimension limitation is 255 kW.

" The brand-new limit of 500 kW means that the installments will generally be bigger as well as have the ability to have far better economies of scale," said Swedish PV association Svensk Solenergi in a declaration on its site. "Of course, we continue to fight for this restriction to be gotten rid of entirely."

In addition, the government revealed that the refund system for rooftop PV, which was initially arranged to be closed this year, will certainly be continued in 2021, yet just for municipalities as well as ventures and also with a limited budget plan of 260 million SEK (US$ 29.6 million).

For contrast, the government had alloted SEK1.2 billion for the program in 2020.

The Swedish authorities claimed the program will now cover 10% of the price of buying as well as setting up a PV system, while last year it covered 20% of costs.

The Swedish Energy Agency has actually thus far devoted greater than SEK3.4 billion to the multi-year effort.

According to Swedish Energy Agency, the country's functional PV ability increased from 411 MW at the end of 2018 to 698 MW at the end of 2019. In March, it disclosed that it anticipates solar generation to surge in the 2018-22 duration, along with an anticipated increase in wind power output.


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