Brazil may hit 2 GW of distributed solar microgeneration by 2024
May 6, 2015 15:27 CEST
May 6 – Brazil’s electricity regulator Aneel has estimated that the ICMS tax exemption will help the country reach an installed distributed solar power microgeneration capacity of 2 GW by 2024, it said yesterday.
Aneel has introduced a new policy allowing the states to collect just the ICMS tax for goods and services on the difference between the consumed power and the output of the microgeneration system that is fed into to the grid.
According to a report by Canal Energia, the policy concerns residential customers with an average monthly consumption of 200 kWh. In order to install a 1.5-kWp system, these customers would need to invest BRL 12,000 (USD 3,924/EUR 3,493).
The states of Sao Paulo, Pernambuco and Goias were among the first to accept the new policy last week. At yesterday’s public hearing, Brazil’s electricity watchdog said it expects all states in the country to join the tax exemption. Aneel’s 2-GW microgeneration projection is based on the assumption that all states will do so.
As of now there are only 500 distributed solar microgeneration systems in Brazil.
(BRL 1 = USD 0.327/EUR 0.291)
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