The contribution to solar cells is lowered

The government is reducing the grant to households that install solar cells. Erratic decisions, notes the solar industry, irritated. The only thing we want is predictability, says Anna Werner, CEO of Svensk solenergi.

» Updated:

» Published:

The contribution to solar cells is lowered
Photo: Fredrik Sandberg/TT

Share this article

Today, those who install solar cells receive a tax deduction of 20 percent. As of July 1 next year, the government and the Sweden Democrats are lowering the level to 15 percent, as part of the budget proposals for 2025.

In a press release, the government writes that it believes the need to stimulate demand for solar cells has decreased.

True, subsidies should not exist forever, agrees Anna Werner. But it was not long ago that the same government increased the tax deduction for solar cells from 15 to 20 percent.

Going back and forth with subsidies is bad and harms the business sector, according to the industry organization. And it is strange that the message comes from a government that usually cares about the business sector, thinks Anna Werner.

Furthermore, it will become less profitable for private individuals to sell electricity from their solar cells since the tax deduction on sales is being abolished on January 1, 2026.

This may lead to households becoming more interested in installing batteries, believes Anna Werner. The 50 percent tax deduction will remain.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

NHTSA Investigates 174,000 Tesla Cars Over Door Handle Issues

NHTSA Investigates 174,000 Tesla Cars Over Door Handle Issues

Ford Cuts 1,000 Jobs at Cologne Factory Amid Weak Electric Car Demand

Ford Cuts 1,000 Jobs at Cologne Factory Amid Weak Electric Car Demand

Swedish Households Shift from Borrowing to Diverse Savings Strategies

Swedish Households Shift from Borrowing to Diverse Savings Strategies

German Investor Confidence Surges Unexpectedly in September

German Investor Confidence Surges Unexpectedly in September

Norway Forecasts Limited Interest Rate Cuts Amid Economic Growth

Norway Forecasts Limited Interest Rate Cuts Amid Economic Growth

H&M Stock Rises Amid Stockholm Market Decline

H&M Stock Rises Amid Stockholm Market Decline

Gold Buyer Guldbrev to List on Stockholm Stock Exchange Amid Criticism

Gold Buyer Guldbrev to List on Stockholm Stock Exchange Amid Criticism

Financial Supervisory Authority Reviews SSAB's 33.3 Billion Kronor Write-Down

Financial Supervisory Authority Reviews SSAB's 33.3 Billion Kronor Write-Down

Weakening Dollar: Key Considerations for Investors

Weakening Dollar: Key Considerations for Investors

Asian Stock Markets Rise Following Trump's Trade Talks Update

Asian Stock Markets Rise Following Trump's Trade Talks Update

Court Rules Fed Member Lisa Cook Can Stay Amid Trump's Challenge

Court Rules Fed Member Lisa Cook Can Stay Amid Trump's Challenge

Tesla Stock Surges 3.6 Percent Boosting Wall Street Indexes

Tesla Stock Surges 3.6 Percent Boosting Wall Street Indexes

Trump Proposes Ending Quarterly Reports for Wall Street Companies

Trump Proposes Ending Quarterly Reports for Wall Street Companies

EU Regulators Seek Stricter Crypto Supervision by ESMA

EU Regulators Seek Stricter Crypto Supervision by ESMA

Elon Musk Buys $1 Billion in Tesla Shares, Boosting Stock by 7%

Elon Musk Buys $1 Billion in Tesla Shares, Boosting Stock by 7%

China Investigates Nvidia for Competition Law Violations

China Investigates Nvidia for Competition Law Violations

USA and China Agree on Tiktok Deal Framework

USA and China Agree on Tiktok Deal Framework

Black Soldier Fly Oil and Protein Developed for Animal Feed

Black Soldier Fly Oil and Protein Developed for Animal Feed

Basmati Rice Dispute Stalls EU-India Trade Agreement

Basmati Rice Dispute Stalls EU-India Trade Agreement

Gaming Companies Lead Gains in Slightly Rising Stockholm Stock Market

Gaming Companies Lead Gains in Slightly Rising Stockholm Stock Market