|Policy status:||In Force|
2012 (August 1st)
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Tax relief|
|Policy Target:||Wind, Bioenergy>Biomass for power, Geothermal>Power, Hydropower, Solar|
|Size of Plant Targeted:||Small and Large|
|Agency:||Ministry of Finance of the Slovak Republic|
|Legal References:||Act no. 609/2007; Act no. 189/2012|
|Penalty:||Use of tax exempted electricity for another purpose than specified in the act fined 50% of the tax for electricity used (unless the fine is below EUR 16.59)|
The National Council of the Slovak Republic, on 28 November 2007, adopted the Act on Excise tax from electricity, coal and natural gas, which exempts electricity produced from renewable sources from electricity excise tax (SKK 0.02/kWh from 2008 to 2009, and SKK 0.04/kWh from January 2010). To qualify for the exemption, the electricity must be delivered directly to a final user, or consumed by the entity producing it. The electricity production must derive from the following sources: Solar energy Wind energy Geothermal energy Hydro energy Biomass, including a product made from biomass Methane from abandoned mines Fuel cells Those supplying or using the exempted electricity for other purposes than those listed above, or without the appropriate license, face financial penalties.
Act no. 189/2012 (20.12.2012) amending Act. 609/2007 on Excise tax from electricity, coal and natural gas and act 98/2004 on Excise tax from mineral oil as amended 309/2009 defines small power producer (up to installed capacity 10 kW) and exempts electricity from excise tax, if it is produced by small electricity producer and electricity is produced from renewable sources.
|Related policies:||Act No. 309/2009 on Support of Renewable Energy Sources and High Efficiency CHP|
Last modified: Tue, 05 Mar 2013 17:07:26 CET