Tax breaks for rooftop solar fall short, says industry

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The average household buys a system that ranges in price between R95,000 and R200,000

The National Treasury has announced two tax relief measures to encourage businesses and individuals to invest in renewable energy and increase electricity generation as part of the R13bn allocated for tax breaks in the 2023 national budget.

The budget made provision for R4bn in relief for households that install solar panels and R5bn for companies through an expansion of the renewable energy incentive...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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