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V1146-24 ·23 May 2024 ·consulta-vinculante Medium impact
Tax

Virtual battery energy surpluses cannot be offset in future periods to reduce Electricity Special Tax

An association of energy retailers has requested a ruling on the taxation of a 'virtual battery' product that accumulates self-consumption surpluses. The Directorate-General for Taxes (DGT) has ruled that these surpluses cannot be offset in subsequent billing periods to reduce the taxable base of the Electricity Special Tax.

In 6 key points

How it affects those involved

This ruling clarifies that energy surpluses stored via virtual battery mechanisms do not qualify for tax offsets in future periods, potentially increasing the tax burden for users of such services.

Lifecycle

2024-05-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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