Last months for income tax deduction in 2024

Did you know that this is the last year you can deduct up to €6,000 from your Personal Income Tax for your solar panels?
If you install your solar panels before the end of the year, you can deduct up to €6,000 in total: €3,000 in your 2024 tax return and €3,000 in your 2025 tax return. If you wait until next year, you will only be able to claim the deduction in your final 2025 tax return. Take advantage of these last few months to get the maximum deduction on your Personal Income Tax!

What is the IRPF deduction for solar panels?

This measure is part of the support provided through the EU-funded Next Generation programme.

The application period for this deduction has been extended until 31 December 2024, giving taxpayers a full year to apply and reap the benefits in the following tax cycle.

One of the features of this deduction is that it does not take into account the location of the property, thus allowing more people to increase the energy efficiency of their homes and apply for this deduction.

What percentage can you deduct from your income tax?

The Spanish Tax Agency (AEAT) offers a system of deductions for the installation of solar panels that varies between 20% and 60%, adapted both for private homes and for communities of owners or buildings. Each level of deduction depends on the energy efficiency improvement that can be demonstrated.

20% deduction

This initial level is designed specifically for single-family houses, with a maximum benefit of €5,000. In order to qualify for this rebate it is necessary to reduce the energy demand for heating and cooling by at least 7% and to verify this by means of an Energy Efficiency Certificate (EEC) before and one after the installation of the panels.

40% deduction

The second level offers up to € 7,500 deduction. It can be achieved in two ways: a minimum reduction of 30% in the energy demand for heating and cooling, or by achieving a high energy classification of the house, specifically class A or B.

60% deduction

The highest level allows a deduction of up to €15,000, under the same criteria as the second level, but this time applicable to the whole building or the community of owners. The improvement must be reflected in the energy efficiency of the whole structure, not just individual units.

Requirements to apply for the deduction

To benefit from this deduction in the IRPF, it is essential to carry out an Energy Efficiency Certificate prior to the installation and one afterwards. This document must demonstrate that the installation of the panels has contributed to a reduction in the heating and cooling consumption rates in your home compared to the levels prior to their installation.

For this certificate, it is necessary to go to a qualified technician, who will be in charge of issuing the document after assessing the energy performance of your home.

The rating system used starts with the letter A, which indicates the highest efficiency, and ends with G, which indicates the lowest efficiency.

If you are considering making the switch to solar energy, at Sunhero we take care of the whole process, from start to finish.

In addition to managing all the necessary permits for the installation process, we also offer the service of processing the Energy Efficiency Certificate (EEC), essential to apply for the IRPF deduction.