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TAX ADVANTAGES OF INSTALLING SOLAR PANELS IN SPAIN (UPDATED 2024)

Deductions and bonuses to take into account when we install solar panels

For both individuals and companies, the installation of solar panels in Spain offers attractive tax advantages that can considerably reduce the cost of the investment: Deductions in Personal Income Tax (IRPF): - 20% deduction: 20% of the total amount invested in the installation of photovoltaic solar panels in your habitual or rented home can be deducted, provided that the installation works are carried out before December 31, 2024. The maximum to be deducted It is €5,000. - 40% deduction: If the installation of solar panels allows you to reduce at least 30% of the cooling and...
06/06/2024

HOW A SOLAR PANELS INSTALLATION WORKS AND ITS MAIN ADVANTAGES

Installation in a private home in Girona.

If you are wondering if it is worth installing solar panels, you should know that there are numerous reasons why installing solar panels can be a profitable and beneficial investment , such as: economic savings, energy independence and environmental benefits. . The advantages of solar installations are multiple: 1. You produce clean and renewable energy: They do not pollute or emit greenhouse gases. 2. You save on your electricity bill: They reduce or eliminate dependence on the conventional electrical grid, which translates into lower energy costs. 3. Minimum maintenance: Solar...
20/05/2024

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