On 30 October 2026, the Ministry of Energy and the Ministry of Finance jointly presented a package of fiscal facilities for residential energy storage systems and heat pumps, developed during the TAIEX expert mission (27-29 October). The measures, to be enacted via amendments to the Tax Code and the Law on Renewable Energy, include a VAT exemption on equipment purchases, a personal income tax credit of 30% of installation costs (capped at 50,000 MDL), and accelerated depreciation for housing associations installing communal storage. The program aims to deploy 50 MWh of distributed storage by 2028.
Key Takeaways
- VAT Exemption Scope: Applies to batteries, inverters, and heat pumps purchased by individuals or condominium associations, reducing upfront costs by 20%.
- Income Tax Credit Mechanism: Claimable over three tax years via annual return, directly reducing PIT liability for homeowners investing in energy resilience.
- Communal Installation Bonus: Housing associations benefit from 50% accelerated depreciation in year one, improving ROI for shared storage projects in multi-apartment buildings.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement