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Author Topic: Solar panels  (Read 750 times)

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Offline Orbito

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Solar panels
« on: April 09, 2017, 05:29:44 PM »
I'd love to hear if people have, either on their own or via an Italian company, installed solar panels?

Did you have an upfront cost to lease or buy the panels? Do you get much back in terms of lower leccy bills?


Offline rsetzer99

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Re: Solar panels
« Reply #1 on: April 11, 2017, 02:21:13 PM »
I have just recently signed with New Electric down around Lanciano. The feed in rate is currently low, around .10 per Kw, so it is not really worth getting excess capacity. We signed for a 4.5 KW system, which will easily power our entire house during daylight, maybe even in the winter months. The cost, iva included for an installed system is just under 9K Eu. The 6kw system was just under 12K EU, so with the low feed in rate they are paying, it would make the cost recovery time longer than I care for. You get a 50% of cost tax credit, spread over 10 years. The panels are under warranty for 25 years and the inverter for 20. I am figuring that within 5 years I will easily recover my cost, so I consider it a pretty safe investment.

Online Tartufa

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Re: Solar panels
« Reply #2 on: April 12, 2017, 05:57:13 PM »
I have no idea if this applies to those who have written here but do be careful with 'tax credits'.  You need to be on the right kind of regime to get any tax back i.e. you need to have a salaried job or a full rate Partita IVA (I think).  If you are not paying income tax here then I don't think you qualify.  It's not deducted off any kind of general tax such as IMU.
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Offline Relaxed

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Re: Solar panels
« Reply #3 on: April 13, 2017, 07:55:39 AM »
I don't think it is necessary to have a salaried job to take advantage of tax deductions, merely to have sufficient income declared to the Italian tax authorities to attract enough tax to make the deductions from. A substantial private pension, even if it derives from  foreign source, for example.

But, every tax break scheme has its own rules, and I haven't read those which apply to the solar panels incentive.

Offline Orbito

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Re: Solar panels
« Reply #4 on: April 13, 2017, 10:47:41 AM »
Thanks all, very useful.

Offline rsetzer99

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Re: Solar panels
« Reply #5 on: April 16, 2017, 09:09:42 PM »
I will of course have to verify with a Commercialista, but I also was under the impression that so long as one had taxable income and a tax owed, that the credit was avail. I would be disappointed to find otherwise, but it would still not cause me to regret getting panels. It would increase the cost recovery time but I could live with that.