The Minister of Finance announced a more detailed examination of the tax obligation for the sale of surplus energy from private homes, in order to present special rules in the state budget for 2025. In the meantime, the Tax Office will refrain from taxing income from the sale of surplus energy from photovoltaic systems in homes for 2023 and earlier years.
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It will not tax electricity from solar cells in private homes
Income from the sale of self-produced solar electricity in homes is generally taxable. However, many different contractual arrangements make it difficult for homeowners to calculate and report it correctly in your tax return.
– I think it's good that owners of private houses they can reduce their electricity bills by, for example, installing solar cells. It's good that they then feed this energy into the grid to others when there is a surplus. We believe it is important that tax rules do not impose more requirements than necessary when households sell surplus energy. That's why we take a closer look at tax regulations. In 2023 and earlier, the Norwegian Tax Office will now not tax income from solar cells in private homes, says Finance Minister Trygve Slagsvold Vedum.
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There was little awareness of the existence of a sales tax on surplus electricity
For private home owners, income from self-sales electricity production must be taxed as capital income in accordance with applicable regulations. This means that the homeowner must independently assess their contractual terms, installation arrangements, electricity contracts and more. All this is needed to find the right information and calculate your taxable income and include it in your tax return.
However, until 2023, there was little awareness of the existence of a tax on the sale of surplus electricity from private solar installations.
The tax obligation to sell surplus electricity from private homes is to be examined in more detail. The Minister of Finance announced that the government intends to present its own rules in this regard in the state budget for 2025.
The Norwegian Tax Office also forwarded comments to the Minister of Finance. The Ministry of Finance has no objections to the Norwegian Tax Office not taxing this income for 2023 and possibly earlier years.
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Source: regjeringen, Photo: Marcin Krawczyk
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