Renewable Database

Fiscal Deduction to Promote Energy Efficiency

Country  Belgium
Year Implemented 2000
Policy Status Superseded
Date Announced 2000
Date Effective 2001
Agency •Federal Public Service of Finance
Policy Superseded by Tax Reductions for Home Improvements
Policy Type •Financial
  •Taxes and Tax Incentives
    •Tax Reduction
Policy Target •Multiple Renewable Energy Sources
  •All
Policy Sector •Multi-sectoral Policy
Description The Federal Council of Ministers decided in October 2000 to promote energy efficiency measures in the residential sector by means of a fiscal deduction. The decision should enter into force incrementally between 2002 and 2004 for an annual account of BF 1.5 billion (EUR 37 million). Acceptable energy efficiency investments are: improved roof insulation of dwellings, installation of high-quality double glazing, solar boilers, photovoltaic panels and thermostatic vans, replacement of boilers older than 20 years, and energy auditing.
URL www.minfin.fgov.be