Financial Incentives for Investment in Residential Renewable Generation and Residential Efficiency

The personal income tax law specifies a variety of special expenses, including the purchase of solar and biomass technologies for residences, that can be deducted from income. This is capped at € 2.920 per year for ordinary tax payers. An additional deduction of € 2.920 for single income households, and € 1.460 is granted if there are at least three children living in the household. Only 25% of the amount may be deducted from the income.

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