Previously, buyers of balcony power plants had to pay the usual 19 percent VAT. Since January 1st, 2023, it has been significantly more economical for homeowners to set up a balcony power plant. The VAT rate was reduced to zero percent – this applies to solar modules, inverters, storage, cables, brackets and even for shipping. This means that sellers are no longer allowed to charge VAT on the sale of PV systems from the key date and private buyers can now get the hardware for their mini PV system free of VAT.
This tax exemption applies to all residential buildings and applies to PV systems of all sizes. Regardless of whether it is a larger PV system for the roof with up to 30 kWp (kilowatt peak output) or a small balcony power plant with 600 watts, the tax exemption noticeably reduces the acquisition costs for such a system and increases its amortization.
The savings are around 19 percent. For example, a balcony power plant that was purchased before January 1, 2023 as a complete package for EUR 1,100 will only cost EUR 924.00 from 2023. Given the current energy crisis and citizens’ desire to become autonomous, a balcony power plant is an attractive option. In addition, the VAT rate does not apply to larger PV systems with an output of more than 30 kilowatts if they are installed in apartment buildings, public buildings or buildings that serve a charitable purpose.