Tax exemption for renewable energy use

Country	Czech-Republic
Year Implemented	2005
Policy Status	In force
Agency	•Ministry of Finance, Ministry of the Environment
Policy Type	•Financial   •Taxes and Tax Incentives     •Tax Exemption
Policy Target	•Bioenergy   •Biomass for Heat   •Biomass for Power •Geothermal   •Heat   •Power •Hydropower •Multiple Renewable Energy Sources   •Heating   •Power •Solar Photovoltaic •Wind   •Onshore
Policy Sector	•Multi-sectoral Policy
Size of Plant Targeted	Small
Description	An amendment to the 1992 Income Tax Act in 2005 allows for owners of renewable energy equipment producing energy for their own use to be exempt from income tax payments. Eligible devices include: small hydro plants with maximum output of 1MW; wind plants; photovoltaic systems; heating pumps ; biogas and biomass devices; geothermal power. Owners are exempt from paying income taxes for five years, plus the year in which the device or devices were put into operation.
URL	Act. No 586/ 1992 Coll., on income tax 4e); Act. No 180/ 2005 Coll., on support of renewable energywww.mzp.cz/en/