# tax incentives for rooftop solar

- Link: https://dearsouthafrica.co.za/tax-incentives-for-rooftop-solar/
- Published: 2023-04-24T14:49:01+02:00
- Author: dearSA

![Have your say on Tax incentives for rooftop solar](https://cdn.dearsouthafrica.
co.za/wp-content/uploads/2023/04/24144631/Dear-rooftop-solar-tax-incentive-draft-
taxation-laws.jpg "Dear-rooftop-solar-tax incentive-draft taxation laws")

![DEAR-SOUTH-AfFRICA](https://cdn.dearsouthafrica.co.za/wp-content/uploads/2023/
02/08135845/DEAR-SOUTH-AfFRICA.png "DEAR-SOUTH-AfFRICA")

### **3181**** **comments delivered (closed 15 May 2023)

[click to view a report, statements, documents and videos ](https://dearsouthafrica.co.za/tax-incentives-for-rooftop-solar/summary)

### The National Treasury and SARS invites you to comment on the draft legislative amendments to give effect to the two renewable energy tax incentives, announced in the 2023 Budget.

    - These proposals assist in partially addressing the country’s energy crisis
      and encourage private investment into expanding electricity generation.
    - **Expansion of the renewable energy tax incentive
       
      Under the enhanced renewable
      energy tax incentive, taxpayers who are conducting businesses will be able
      to claim a 125% tax deduction (in the first year) for qualifying capital expenditure
      in respect of all renewable energy projects, with no threshold on generation
      capacity.The enhanced incentive will be available for a period of two years
      and apply to investments in renewable energy projects brought into use for
      the first time on or after 1 March 2023 and before 1 March 2025.
    - **Rooftop solar tax incentive
       
      With respect to the rooftop solar tax incentive,
      individuals will be able to receive a tax rebate to the value of 25 per cent
      of the cost of any new and unused solar PV panels, up to a maximum of R15,000.

## Have your say – shape the outcome. [CLOSED]

**Error:** Contact form not found.

![D-icon](https://cdn.dearsouthafrica.co.za/wp-content/uploads/2022/12/11192438/
D-icon-40x40-1.png "D-icon-40x40")

[View more info ](https://dearsouthafrica.co.za/tax-incentives-for-rooftop-solar/summary/)