Photovoltaic Grants in Vilafranca de Bonany
Besides being eligible for subsidies, installing photovoltaic systems in Vilafranca de Bonany involves various local and state-level grants and incentives that facilitate their implementation. The most important are:
Tax on Constructions, Installations, and Works (ICIO)
The ICIO is a fee that must be paid when applying for a photovoltaic installation license. In Vilafranca de Bonany, there is an exemption of up to 95% on the ICIO, thus facilitating the implementation of renewable energies. Note that this exemption may vary and may not exist in some municipalities.
Property Tax (IBI)
By installing a photovoltaic system, you can also benefit from a property tax exemption. The percentage of this exemption may vary depending on the municipality. In Vilafranca de Bonany, the exemption on the IBI for installing renewable energy is 50% for 3 years.
Construction License Fee
Besides the ICIO, a construction license fee must be paid at the time of installation, whose value varies depending on the municipality. It is important to note that this fee is not exempt.
Deductions in the Personal Income Tax (IRPF)
Finally, installing photovoltaic systems allows for deductions in the IRPF. You can deduct 60% of the investment amounts that improve the quality and sustainability of the homes. The basis of this deduction will consist of the amount actually paid to carry out the investments, with a maximum limit of 5000 euros per year. Amounts paid and not deducted due to exceeding the annual maximum deduction base can be deducted, with the same limit, in the next four fiscal years, provided that the accumulated deduction base does not exceed 15,000 euros.
We hope this information is useful when considering the installation of a photovoltaic system in Vilafranca de Bonany.
