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Renewable Energy Bonus

The renewable energy bonus is due to individuals who, between 1 January and 31 December 2022, incur documented expenses for the installation of energy storage systems, connected to electricity production plants powered by photovoltaic panels or, in any case, from other renewable sources. The bonus applies even if the production plant, to which the storage system must be integrated, already exists and benefits from the incentives for on-site exchange, according to the dictates of article 25-bis of Law Decree no. 91 of 2014. However, for the same expenses it is not possible to benefit from other tax breaks.

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How does it work

The renewable energy bonus is paid out in the form of a tax credit. Following the quantification of the credit by the Agency, the individual taxpayer will be able to use the amount recognized exclusively to offset the taxes due. The tax credit must be shown in the tax return relating to the period during which it incurred the eligible expenses, i.e. 2022.

Any part of the tax credit not used, for example due to capacity problems in the compensation phase when, in substance, the taxes due are too "few", can be carried forward to subsequent tax periods. But beware, the tax credit cannot be combined with other tax benefits relating to the same expenses.

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HOW TO GET THE BONUS

For the recognition of the 2022 accumulation incentives it is necessary that those entitled to submit a specific application, electronically, on the website of the Revenue Agency. The application must be formulated according to the approved scheme with a specific AdE provision which must be issued within 90 days of the entry into force of the MEF Decree, ie by 14 September. In the application, the applicants must indicate the amount of the subsidized expenditure incurred in the year 2022 for the installation of the storage systems subject to the tax relief.

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NORMATIVE REQUIREMENTS

The percentage of the tax credit for the renewable energy bonus has not yet been defined. The Revenue Agency, once all the requests have been examined, will determine the percentage of the expenditure recognized as a tax credit, based on the ratio between the total amount allocated in the Budget Law (3 million euros) and the sum of all the subsidized expenses indicated in the applications.

Text of the Budget Law 2022 (Pdf 2 Mb) published in the Gazzetta General Series n.310 of 31-12-2021 - Suppl. Ordinary n. 49