Under Convention 16/15 last April, the states of Goias, Pernambuco and São Paulo have agreed to provide an exemption to the ICMS tax for net metered renewable energy systems, effective September 1. The agreement was signed in the states of Rio Grande do Norte, Ceará and Tocantins during the following months.
The implementation of the ICMS tax is the responsibility of Brazil's states, for projects whose electricity is subject to billing under the net metering rule 482 (2012) by the National Electrical Energy Agency (ANEEL).
In addition to the tax exemption, the agreement also provides for the introduction of modifications to boost the net metering program. ANEEL is currently studying ways to reduce bureaucracy for these types of projects in addition to other measures such as extending the system size cap to five megawatts.
ANEEL estimates that by 2024 it is possible to reach 500.000 PV installations under net metering with a total capacity of 2 GW in Brazil. However, at present there is only around 10 MW of capacity under net metering.
Translated and edited by Christian Roselund
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.