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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: 24 September 2024, 05:56

» Published: 17 September 2024

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

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.

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By TTThis article has been altered and translated by Sweden Herald

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