Fiscal Incentives Act

Source: JOIN IEA/IRENA Policy and Measures Database
Last updated: 11 October 2012
The provisions of the act include:- an exemption of solar water heater raw materials (e.g., tanks, collectors) from the 20% import duty (which lowered the installed cost of a solar water heater by 5 to 10%)- a 30% consumption tax placed on conventional electric water heaters