{"id":4773,"date":"2023-01-23T07:46:00","date_gmt":"2023-01-23T05:46:00","guid":{"rendered":"https:\/\/solareyesinternational.com\/?p=4773"},"modified":"2023-02-16T11:32:20","modified_gmt":"2023-02-16T09:32:20","slug":"romania-cuts-vat-on-residential-solar-down-to-5","status":"publish","type":"post","link":"https:\/\/solareyesinternational.com\/romania-cuts-vat-on-residential-solar-down-to-5\/","title":{"rendered":"Romania Cuts VAT on Residential Solar Down to 5%"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_64 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/solareyesinternational.com\/romania-cuts-vat-on-residential-solar-down-to-5\/#Romania_Reduces_VAT_on_Solar_from_19_to_5\" title=\"Romania Reduces VAT on Solar from 19% to 5%\">Romania Reduces VAT on Solar from 19% to 5%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/solareyesinternational.com\/romania-cuts-vat-on-residential-solar-down-to-5\/#What_this_means\" title=\"What this means\">What this means<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/solareyesinternational.com\/romania-cuts-vat-on-residential-solar-down-to-5\/#FOLLOW_US\" title=\"FOLLOW US\">FOLLOW US<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Romania_Reduces_VAT_on_Solar_from_19_to_5\"><\/span>Romania Reduces VAT on Solar from 19% to 5%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In a bid to boost residential solar uptake the government of Romania has reduced Value Added Tax (VAT) on residential solar products from 19% to 5%. <\/p>\n\n\n\n<p>This move is aimed at increasing the uptake of solar products across the country. <\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/how-to-start-a-solar-company\/\">HOW TO START A SOLAR COMPANY \u2013 do these 6 things and make money through solar<\/a><\/p>\n\n\n\n<p>Low-emission heat pumps, solar thermal panels and solar installation kits are also eligible for the tax break. Both home systems and installations on structures owned or administered by state or municipal governments are included. Commercial buildings that are managed by local or state governments are exempt from the tax break.<\/p>\n\n\n\n<p>According to the International Renewable Energy Agency (IRENA), Romania had installed about 1.38 GW of solar at the end of 2019 and at this time renewable energy contributed about 18% of the total energy supply of this European country.<\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/zimbabwe-announces-solar-incentives-for-1gw-ipp-projects\/\">Zimbabwe Announces Solar Incentives for 1GW IPP Projects<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_this_means\"><\/span>What this means<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Obviously this move will increase the uptake of solar systems in Romania as this reduces the extra costs that come with this alternative source of energy. <\/p>\n\n\n\n<p>Suppliers of solar systems will surely welcome this move as it allows them to make profits due to reduction in overall costs of solar products. Perhaps they can find it easier now to convince customers to go solar. <\/p>\n\n\n\n<p>\ufeff<a href=\"https:\/\/solareyesinternational.com\/aweap-enhancing-participation-of-african-women-in-the-power-and-energy-sector\/\">African Women in Energy and Power (AWEaP) \u2013 supporting the participation of women entrepreneurs in Africa\u2019s Power and Energy Sector<\/a><span data-rich-text-placeholder=\"Type \/ to choose a block\" contenteditable=\"false\" style=\"pointer-events:none;user-select:none;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;\"><\/span><\/p>\n\n\n\n<p>To the end users this will mean reduced prices for solar systems considering that the reduction is likely to be fairly transferred and felt by the end customers. Maybe the best time to go solar for those who were still waiting on the fence.  <\/p>\n\n\n\n<p>However, it is likely that the tax reduction will only be partially passed to end customers due to increasing demand and the fact that solar companies would want to maximize their profits despite the tax reduction. <\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/how-to-size-a-solar-system\/\">HOW TO SIZE A SOLAR SYSTEM \u2013 5 clear steps anyone can follow<\/a><\/p>\n\n\n\n<p>This move will increase the uptake of solar installations. This will mean less reliance on the national grid and in turn a reduced demand. Thus, a huge benefit to the national utility and the government of Romania as they can dedicate electricity generated to other productive uses that help grow the economy.  <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"follow-us\"><span class=\"ez-toc-section\" id=\"FOLLOW_US\"><\/span>FOLLOW US<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Follow us on&nbsp;<a href=\"https:\/\/www.linkedin.com\/company\/solareyes-international\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark>LINKEDIN<\/mark><\/a>,&nbsp;<a href=\"https:\/\/www.facebook.com\/SolarEyesInt\" target=\"_blank\" rel=\"noreferrer noopener\"><mark>FACEBOOK<\/mark><\/a>,&nbsp;<a href=\"https:\/\/t.me\/+Y5UixY8F8uk0YjM0\" target=\"_blank\" rel=\"noreferrer noopener\"><mark>TELEGRAM GROUP<\/mark><\/a>&nbsp;and&nbsp;<a href=\"https:\/\/chat.whatsapp.com\/IgjKCKEy1FC7RacuKsP3uc\" target=\"_blank\" rel=\"noreferrer noopener\">WHATSAPP<\/a>.<\/p>\n\n\n\n<p>*** ALSO CHECK:&nbsp;<a href=\"https:\/\/solareyesinternational.com\/10-jobs-scholarships-and-various-opportunities-to-apply-in-january-2023\/\">10 JOBS, SCHOLARSHIPS AND VARIOUS OPPORTUNITIES TO APPLY IN JANUARY 2023<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/the-earthshot-prize-africa-nominations\/\">The Earthshot Prize Africa Nominations For Climate Change Activists and Innovators Across Africa<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/energy-skills-institutions-in-africa\/\">IMPORTANCE OF ENERGY SKILLS TRAINING INSTITUTIONS IN AFRICA \u2013 7 Institutions to watch<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/zimbabwe-announces-solar-incentives-for-1gw-ipp-projects\/\">Zimbabwe Announces Solar Incentives for 1GW IPP Projects<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/vitalite-electrifying-zambia\/\">VITALITE \u2013 Electrifying Zambian rural and peri-urban households through solar<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/solar-for-festive-season\/\">SOLAR FOR FESTIVE SEASON \u2013 10 ways to spend the festive season with lights on<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/we-care-solar-1000-solar-suitcase-installations-milestone-zimbabwe\/\">WE CARE SOLAR \u2013 1000+ Solar Suitcase Installations Milestone Reached in Zimbabwe<\/a><span contenteditable=\"false\" style=\"pointer-events:none;user-select:none;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;\"><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a bid to boost residential solar uptake the government of Romania has reduced Value Added Tax (VAT) on residential solar products from 19% to 5%. <\/p>\n","protected":false},"author":1,"featured_media":4776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[433,435,434],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/solareyesinternational.com\/wp-content\/uploads\/2023\/01\/Romania.png","_links":{"self":[{"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/posts\/4773"}],"collection":[{"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/comments?post=4773"}],"version-history":[{"count":7,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/posts\/4773\/revisions"}],"predecessor-version":[{"id":5180,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/posts\/4773\/revisions\/5180"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/media\/4776"}],"wp:attachment":[{"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/media?parent=4773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/categories?post=4773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/tags?post=4773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}