The Slovak Republic Parliament has agreed to consider a draft bill that amends the Law on Excise Duty on Electricity, on 22 August 2024, addressing the regulations concerning electricity generated from renewable sources by small energy producers.
The proposed amendments are as follows:
- Increase the limit for small renewable energy sources from 10 kW to 50 kW for excise duty exemption;
- Small renewable electricity producers can claim excise duty exemptions without proof of origin. They also aren’t required to register as taxpayers, submit tax returns, or maintain tax records.
For a draft bill to become law, it must be approved by parliament, signed by the President, and published in the official Collection of Laws.
The proposed changes are set to take effect on 1 January 2025.
