Germany’s annual tax bill 2024 provides better conditions for municipalities hosting electricity storage facilities
It has long been the case that photovoltaic power plants and wind farms in Germany have directed 90% of trade tax revenues to the local municipality and 10% to the municipality in which the project operator has its headquarters. This is now also set to apply to electricity storage systems, according to the 2024 annual tax bill.
Last Friday, the German federal parliament Bundestag passed the draft law and forwarded it to the constitutional body Bundesrat for the final stamp of approval.
In recent months, Eco Stor has vehemently advocated for this new regulation. The Norwegian-German developer of large-scale battery energy storage systems welcomed the decision accordingly. Eco Stor and politicians hope that the new regulation will increase the community acceptance of large battery storage systems.
The new regulation does not consider the type of electricity which flows through the storage system. From the Federal Government’s point of view, the distinction between green and gray electricity “cannot be a suitable demarcation criterion for the treatment of storage projects under the trade tax law,” according to the government’s statement.
From pv magazine Germany