60% deduction. If solar panels have been installed in a residential building and the energy consumption demand has been reduced by a minimum of 30% for the entire building. Also if, as a result of the installation of the panels, the building has changed its energy classification to A or B. In this case, the maximum deductible amount is 5,000 euros list of zambia consumer email per year for a total of three financial years.
Subsidies for solar panels in Madrid from the European Next Generation funds
The Community of Madrid has received two tranches of these funds, an initial amount of 87,349,111.30 euros and a second additional amount of 91,295,991 euros.
the installation of solar panels in homes and businesses, through six different programs or plans:
Program 1. For companies in the service sector, with a subsidy covering 15% to 45% of the cost of installing solar panels.
Program 2. For companies in other sectors, with discounts equal to those just mentioned.
Program 3. For companies in all sectors that incorporate an energy storage system into previously installed installations. The subsidy covers between 45% and 65% of the cost of the installation.
Program 4. For individuals and public administrations that install solar panels. Aid ranges from 300 to 1,100 euros per kWp.
Program 5. For individuals and public administrations that install storage units on a previously installed panel system. The subsidy ranges from 140 to 490 euros per kWp.
Program 6. For individuals who install solar thermal panels, with a grant of between 450 and 950 euros per kWp.
How to access these grants
To access these self-consumption grants in Madrid, it is necessary to prove that the installation has been carried out, by presenting the installation project, the budget, the final cost, the technical report and other documents that the Administration may request.
The expenses that are subsidized are those related to the purchase of solar panels, the labor required for their installation and the removal of previous installations (if any). In no case is the VAT or the administrative permits that are necessary to carry out the work subsidized. Although, as we have pointed out before, some municipalities do offer subsidies in the ICIO.
The Next Generation funds for solar panel subsidies in Madrid have already been exhausted, but at the end of 2023, the European Commission approved an Addendum to the Recovery, Transformation and Resilience Plan. This means that new funds will soon arrive, so the launch of new calls for this type of aid is expected, which would extend until 2026.
