Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Tax Deduction for Solar Battery - Thousands of Kronor to Save

» Updated: 19 August 2024, 12:57

» Published: 11 August 2024

Tax Deduction for Solar Battery - Thousands of Kronor to Save
Photo: Björn Lindgren/TT

Batteries that are fully or partially used to store self-produced electricity now entitle to tax deductions according to the Tax Agency, even if the battery is used for support services, for example.

Those who have their own solar power and purchase a battery can thereby save thousands of kronor, writes SVT News.

For the installation of so-called green technology, one can receive up to 50,000 kronor in tax deductions per person and year. Green technology refers to the installation of solar cell systems, systems for storing self-produced electricity, and installation of charging points for electric vehicles.

Previously, the authority denied tax deductions if the battery was also used for support services and/or the sale of electricity.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Significant Price Increase on the Housing Market
2 MIN READ

Significant Price Increase on the Housing Market

Mixed on Asian Exchanges
1 MIN READ

Mixed on Asian Exchanges

Christmas Sales Expected to Break Records
2 MIN READ

Christmas Sales Expected to Break Records

Still Happy Faces on Wall Street
1 MIN READ

Still Happy Faces on Wall Street

Trump in focus after expected Fed decision
2 MIN READ

Trump in focus after expected Fed decision

Divided on softer amortization requirements
2 MIN READ

Divided on softer amortization requirements

How much the banks lower the mortgage rate
1 MIN READ

How much the banks lower the mortgage rate

Higher costs hit SAS owner
1 MIN READ

Higher costs hit SAS owner

The Union Steps Up the Tesla Strike
1 MIN READ

The Union Steps Up the Tesla Strike

New French obstacles for Airbnb
1 MIN READ

New French obstacles for Airbnb

The Government Seeks Support for Those Affected by Northvolt
1 MIN READ

The Government Seeks Support for Those Affected by Northvolt

The regional tax will be raised next year
1 MIN READ

The regional tax will be raised next year

Astra Zeneca's China Chief Arrested by Police
1 MIN READ

Astra Zeneca's China Chief Arrested by Police

More rate cuts - but risk of turmoil with Trump
2 MIN READ

More rate cuts - but risk of turmoil with Trump

Svantesson: Trump's policy may increase inflation
2 MIN READ

Svantesson: Trump's policy may increase inflation

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Central Bank Economist: Central Bank Cuts Interest Rate Too Late
2 MIN READ

Central Bank Economist: Central Bank Cuts Interest Rate Too Late

How You Are Affected by Lowered Interest Rates
2 MIN READ

How You Are Affected by Lowered Interest Rates

Thedéen expects turmoil after Trump's victory
2 MIN READ

Thedéen expects turmoil after Trump's victory

Inflation upswing does not threaten interest rate cuts
3 MIN READ

Inflation upswing does not threaten interest rate cuts