Discover the different subsidies for battery storage
Discover the support for green energy storage in Flanders. With various programs, such as VLIF and EP+, companies can receive up to 40% subsidy for investments in battery storage systems. The Increased Investment Deduction and other tax incentives offer additional benefits for investors. These support programs accelerate the transition to sustainable energy and offer financial benefits for companies. Find out now how you can benefit from this support.
(Subject to changes, last version 3-5-2024)
Increased Investment Deduction
Companies that invest in energy-saving and environmentally friendly assets can benefit from an increased investment deduction of 15.5% for investments made in 2024. This also includes investments in green energy storage.
In addition to direct subsidies, the government also offers tax incentives to promote investments in green energy storage. The Increased Investment Deduction is such an incentive, aimed at encouraging investments in energy-saving and environmentally friendly assets. An increased investment deduction of 15.5% is possible for investments made in 2024. This tax advantage allows companies to deduct a certain percentage of the acquisition or investment value of the investments from the taxable profit. Both renewable energy technologies and storage batteries can qualify for this deduction, encouraging investors to invest in sustainable energy solutions.
Solar panels... no premiums but an increased deduction
In addition to investments in storage systems, investments in solar panels are also encouraged. With a basic deduction of 8% and additional increased investment deduction, sole proprietors and small companies can benefit from tax benefits for investments in solar energy. You can obtain an investment deduction of 15.5% through the increased investment deduction for energy-saving investments.
Capacity Remuneration Mechanism (CRM)
The CRM was introduced in 2021 to ensure security of supply in electricity. Companies that can supply or save electricity can receive support through annual auctions, in which all possible technologies for the production, storage and management of electricity can participate.
By taking advantage of these various support options, companies and individuals can not only contribute to a cleaner and greener future, but also realize financial benefits and accelerate the transition to sustainable energy.