The installation of solar panels is becoming more and more popular. It is not only interesting from an ecological point of view, but also financially and fiscally. With the shortage of energy, more and more households are looking into this alternative.
From a tax-law perspective
Even though the installation of solar panels on the roof is almost always an investment that creates added value, it can be fully deducted from the tax return in almost all cantons. Thanks to legal provisions, measures to promote renewable energy are considered as maintenance and not as an investment to maintain value. Only the canton of Lucerne does not accept this rule.
However, investments that are considered as maintenance, i.e., maintaining the value of the property, can no longer be deducted from the real estate gains tax.
Installing solar panels avoids the tax increase
The tax benefits of solar panels are therefore enormous, because the purchase of a photovoltaic system helps to fight against the tax increase because it reduces the taxable income and affects the according income bracket. Indeed, since the tax rate is progressive and not linear, installing solar panels can have a massive impact on the taxes to be paid, especially for households with high taxable income.
Conclusion
So solar panels aren't just useful in times of energy shortages. The tax advantages are hardly outweighed by any disadvantages. As long as you have the financial means to invest, you can save a lot of money in the long run while doing good for the environment.
