10.15.28 For investment in self-consumption facilities for electric energy
Taxpayers may deduct 20 percent of the amount invested in installations in the habitual residence and in collective installations in the building intended for any of the purposes indicated below, provided that these are not related to the exercise of an economic activity:
a) Self-consumption electrical installations, as established in article 9.1.a of Law 24/2013, of December 16, of the Electrical Sector, and its implementing regulations (modality of electrical energy supply with self-consumption).
b) Facilities for producing thermal energy from solar energy, biomass or geothermal energy for generating hot water, heating and/or air conditioning.
c) Facilities for producing electrical energy from photovoltaic solar and/or wind energy, for the electrification of homes isolated from the electrical distribution network and whose connection to it is unfeasible from a technical, environmental and/or economic point of view.
Installations that are mandatory will not be eligible for this deduction.
Requirements
- The concept of habitual residence, for the purposes of applying this deduction, is that contained in the state regulations governing personal income tax.
- The installations must be carried out in the habitual residence of the taxpayers, or in the building in which it is located.
- In the case of housing complexes under a horizontal property regime in which these installations are carried out in a shared manner, provided that they have legal coverage, this deduction may be applied by each of the owners individually according to the participation coefficient that corresponds to them, provided that they comply with the rest of the established requirements.
- The deduction will require prior recognition by the regional administration. For this purpose, the Valencian Institute of Business Competitiveness (IVACE) will issue the corresponding accreditation certificate.
- The actions eligible for deduction must be carried out by installation companies that meet the requirements established by regulation.
The basis for this deduction is the amounts actually paid during the year by the taxpayer.
In the case of housing owned by the community property, the expenses of the family home are attributable to both spouses, regardless of who actually pays them or which of them appears as the holder of the invoice. For its part, in the regime of separation of assets, the allocation of expenses to one or the other spouse or to both must be made based on who actually made the expense.
In the case of payments from financing obtained from a bank or financial institution, the amortization of capital for each fiscal year will be considered to form part of the deduction base, with the exception of interest.
The maximum annual base for this deduction is set at 8,000 euros. The indicated base will also be considered as the maximum limit of deductible investment for each home and fiscal year. Any portion of the investment supported by public subsidies will not qualify for deductions.
The limit of 8,000 euros per dwelling and fiscal year applies to all taxpayers with respect to the same dwelling.
In the case of several taxpayers and with respect to the same dwelling, the limit of 8,000 euros is distributed according to the percentage of ownership of the real right held over the dwelling by the taxpayers, whether or not they are taxpayers for the tax.
The amounts corresponding to the tax period not deducted may be applied in the settlements of the tax periods that conclude in the 4 immediate and successive years.
Application rules:
- Amounts paid in a year that remain to be deducted must be deducted in the maximum amount permitted in each of the following years and may not be deducted outside the four-year period.
- If in a year there are amounts paid in the year and others from previous years pending deduction, these will be applied first to determine the amounts paid in the year that can be deducted in the following years.
- The deduction corresponding to amounts paid in a year in which the taxpayer has not filed a return, as well as the deduction not applied for reasons other than the application of the maximum deduction base, cannot be applied in subsequent years.
- The deduction corresponding to amounts invested in a year in which the taxpayer has not filed a return, as well as the deduction "not enjoyed" for reasons other than the application of the maximum deduction base (for example, because the deduction has no effect on the final result of the return), only has an effect in said year, without it being possible to transfer it to subsequent years.
- In exceptional cases where the deduction is applied to more than one home, if the total investment made in the year exceeds the maximum deduction base, the deduction corresponding to each home is made, firstly, taking into account the specific circumstances of each home and, secondly, in proportion to the deductible investment, both in the year of the investment and in the case of application to the four immediate and successive tax periods.
Completion:
The program enables up to two habitual residences in which you may be entitled to apply the deduction.
First, you must tell us if there is any outstanding balance from the 2017 financial year to be applied (see box 1017 of the 2017 personal income tax return).
You must indicate, if applicable, the amounts invested in the 2018 financial year with the right to deduction, as well as the percentage of ownership in the home.