June
8, 2009
Athens,
Greece: Greece Introduces New Incentives for Small Rooftop PV
A
new incentive program for small rooftop PV was introduced in Greece
late last week.
The
new program covers rooftop PV systems up to 10 KWp (both for residential
users and small companies) and sets a new feed-in-tariff (FIT)
for such systems.
The
new FIT is set at 0.55 €/kWh. It is guaranteed for 25 years, and
is adjusted annually for inflation (25% of last year’s Consumer
Price Index). An annual regression of 5% is foreseen for newcomers
as of 2012.
No
program cap is set.
Residential
users do not have to be registered as “business” with the tax
authorities and are exempted from any tax (with the exception
of the 19% VAT paid for the initial investment).
To
be eligible for this FIT, a residence has to cover part of its
hot water needs by some other renewable source (e.g. solar thermal).
Further details about: Hellenic
Association of Photovoltaic Companies
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