The Swedish authorities is contemplating lowering subsidies for photo voltaic installations and eradicating the revenue tax discount for households and companies that micro-produce renewable electrical energy. Svensk Solenergi, Sweden’s main photo voltaic affiliation, criticized the proposals.
The Ministry of Finance in Sweden plans to decrease the subsidy charge for photo voltaic installations to fifteen%. it additionally plans to scrap the tax discount for micro-production of renewable electrical energy.
The ministry stated in an announcement on the federal government web site that installations have elevated quickly, so there isn’t a must subsidize photo voltaic cells.
“Solar energy ought to be to a higher extent constructed on market-based foundations, and the worth sign from the electrical energy market ought to have a higher influence, in order that in the long run The energy era will contribute extra to Sweden’s safety of provide, based on the long-term route of the vitality coverage,” it stated.
The proposals kind a part of the autumn funds of the Ministry of Finance, which was submitted to the federal government on Sept. The manufacturing tax discount will happen originally of 2026.
The ministry stated the coverage modifications would assist to extend tax income to SEK 880 million ($86.7 million) by 2026.
Svensk Solenergi, Sweden’s fundamental photo voltaic trade affiliation, stated it was “strongly vital” of the proposals. “The help methods that the federal government is attacking are important and important for accelerating the electrification of households and small companies,” it added in an announcement.
The Swedish authorities has elevated its subsidy for photo voltaic cell installations from 15% to twenty% in January 2023. Svensk Solenergi stated that the “sudden nature” of fixing the vitality coverage once more ” creates unfavorable situations” for PV corporations.
“Support methods have to be long-term and predictable,” added Svensk Solenergi CEO Anna Werner. “Frequently altering subsidy ranges create uncertainty and discourage householders and corporations from investing in renewable electrical energy manufacturing.”
An revenue tax discount for households and companies that micro-produce renewable vitality was launched in 2015, with a most of SEK 18,000 accessible per 12 months. Deductions could be made for the variety of kilowatt-hours bought by a prosumer. Svensk Solenergi stated it was an inexpensive strategy to enhance native electrical energy manufacturing.
“It promotes the enlargement of small-scale electrical energy manufacturing that will increase the self-sufficiency of Swedes,” stated Werner. “This makes the entire nation much less susceptible within the occasion of a future vitality disaster.”
Statistics present that Sweden deployed 460 MW of photo voltaic within the first half of this 12 months. The outcomes educate to a slowdown within the nation’s photo voltaic market, after a report 1.6 GW of PV capability deployed in 2023.
This content material is protected by copyright and will not be reused. If you wish to cooperate with us and wish to reuse a few of our content material, please contact: [email protected].
Popular content material
