Your self-consumption installation can have deductions at state and regional level, in addition to the aid and subsidies for installing solar panelsand the different deductions of the IBI of a house differentiated by municipalities.
We explain everything you need to know about tax deductions for photovoltaic installations for your tax return.
Tax deductions in personal income tax for self-consumption and renewable energies at the national level
What is a tax deduction?
A tax deduction is a tax benefit that allows taxpayers to reduce their tax burden. In the context of solar panel installations, there are regional and personal income tax deductions that provide incentives to those who choose to install photovoltaic solar energy systems for self-consumption.
They allow you to reduce the IRPF for your installation of solar panels made in the previous year, so that you can recover part of the amount invested in your solar panels installation in your income tax return.
In addition to tax deductions for self-consumption, there are subsidies and grants at both regional and state level that seek to encourage the installation of solar panels and promote the use of renewable energies.
Requirements to benefit from tax deductions in personal income tax for self-consumption and renewable energies
If you are considering installing solar panels to generate your own energy and contribute to the care of the environment, it is important that you know the necessary requirements to qualify for the IRPF tax deductions. These tax deductions in the IRPF for solar panels, allow you to obtain economic benefits at the time of making your income tax return.
1. The property must be the taxpayer's habitual residence, whether the taxpayer is the owner, sublessee or usufructuary.
2. Deductible concepts: All those necessary for the realization of the photovoltaic installation, such as equipment, materials, labor, execution, etc.
3. You must have invoices received with payments by bank transfer, bank deposits, bank cards and never in cash.
4. The works must have been carried out between October 6, 2021 and December 31, 2023.
5. Have a certificate of energy efficiency of the house prior to the installation of your panels with a difference of two years maximum between the previous and the one after the photovoltaic installation.
Remember that you can rely on MIWenergía for the processing of your energy certificates before and after your installation with us.
6. The deduction will be made in the tax period in which the subsequent energy efficiency certificate is issued, which must be issued before January 1, 2024.
In summary, the IRPF tax deductions, together with the available subsidies and grants, provide opportunities to benefit economically by installing solar panels and promoting the self-consumption of renewable energies. Don't forget to inform yourself about the requirements and specifics to take advantage of these tax deductions to maximize the benefits for both your pocket and the environment.
Amount of tax deductions
There are three cases of deductions (incompatible with each other) 40% or 60% on the price of the installationwith a maximum base between 5,000 and 7,500 euros:
Deduction for improvement works that reduce the consumption of non-renewable primary energy.
Deduction of 40% on the price of the installation with a maximum base of €7,500.
Those that have reduced the non-renewable primary energy consumption indicator by at least 30%, or achieved an improvement in the energy rating of the dwelling to obtain an "A" or "B" energy class on the same rating scale.or achieve an improvement in the energy rating of the home to obtain an energy class "A" or "B" on the same rating scale.
Deduction for works of energy energy rehabilitation of buildings.
Deduction of 60% with a maximum base of 5,000 euros, with the particularity that the excess over this maximum amount may be deducted in the following four years, maintaining the maximum of 5,000 euros per year and without exceeding the global amount of 15,000 euros.
These tax deductions are aimed at homes in residential buildings with the installation of solar panels, including storage rooms and parking spaces, and where the work affects the building as a whole.
As in the previous case, the deduction is aimed at self-consumption installations that have reduced the non-renewable primary energy consumption indicator by at least 30%, or that achieve an improvement in the energy rating of the dwelling to obtain an "A" or "B" energy class, on the same rating scale.
Regional tax deductions for the installation of solar panels
Some autonomous communities have their own tax deductions that can be added to the above, although others do not yet have this type of deduction for self-consumption installation.
The following communities offer tax benefits for self-consumption installations, although in order to know all the requirements of the tax deductions of your autonomous community, we recommend that you consult the specifications of the corresponding one at the manual of the tax agency or with a tax advisor:
Tax deductions for self-consumption in the Valencian Region:
40% deduction in individual or collective self-consumption installations with a maximum base of €8,800 in primary residences, and 20% in second residences.
Tax deductions for self-consumption in Murcia:
10% deduction up to €1,000 for photovoltaic installations with a maximum base of €10,000.
How can we help you?
At MIWenergía, in addition to carrying out your self-consumption study, the installation of solar panels and offering you the virtual batterywe manage the grants and subsidies for you, and we advise you to take advantage of the relevant tax deductions in your area, as well as to process your energy certificates.
Contact contact us if you have any questions or need more information.
