Originally published on Planetsave.com
In a great show of unified civil disapproval of Spain’s recently proposed “solar tax” law, over 188,000 citizens have signed an online petition against it in less than one week.
Penalizing grid-connected solar installations of up to 15kW using battery storage systems, Spain’s new solar tax would be from €8.9 (US$10) per kilowatt for residential consumers, and up to €36 (US$40.6) per kW for medium size businesses. The new tax would result in an increase to payback time for solar-plus-storage owners from about 16 years to 31 years.
Hefty penalties for infringements are set absurdly high, capping out at €60 million (US$67.7 million), which is twice as high as the fine for spilling nuclear waste in Spain.
