Sweden to lower solar subsidy, scrap tax breaks for electricity micro-production

The Swedish government is considering reducing the subsidy for solar installations and removing the income tax reduction for households and businesses that micro-produce renewable electricity. Svensk Solenergi, Sweden's leading solar association, has criticized the proposals. Sweden's Ministry of Finance plans to lower the subsidy rate for solar installations to 15%. It also plans to scrap the tax reduction for the micro-production of renewable electricity. The ministry said in a statement on the government's website that installations have increased sharply, which is why there is no longer ...

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