The acquisition and installation of solar panel systems offer significant benefits for both individuals and companies, especially in terms of tax deductions.
The Income Tax (ISR) deduction is a key tool for calculating the return on investment when installing solar panels, as these systems are considered 100% deductible according to the ISR Law in Mexico.
Article 34, section XIII, of the Mexican law allows the full deduction of the cost of equipment for the generation of renewable energy or efficient electricity cogeneration systems.
As stipulated in the article, clean and renewable energy sources, such as solar energy in all its variants, are eligible for this tax deduction.
There are two main methods to deduct taxes when investing in solar energy:
1.- Pure Lease of the Asset:
Through a pure lease contract, 100% of the monthly invoice can be deducted, considered as the rent of an asset for the use of the company.
2.- Purchase of the Asset:
When acquiring the solar system and paying the total cost of the project, 100% of this expense can be deducted, as clearly established in Article 34 of the Income Tax Law, due to its condition as a clean energy generator.
Double Benefits: Energy and Tax Savings
The installation of solar panels not only offers tax benefits, but also generates significant savings on energy bills. This is because these systems generate clean energy to offset the company's electricity consumption.
In summary, by investing in photovoltaic systems, both economic and environmental advantages are obtained, through the tax deduction and the energy savings provided by solar energy generation.
Request your 100% personalized proposal completely free
quote now
Ariel Ramirez
Mar 19, 2024