Transition Plan 5.0
The Transition 5.0 Plan includes. 6.3 billion from the PNRR, which are in addition to the 6.4 billion already provided for by the Budget Law, for a total of About 13 billion euros in the two-year period 2024-2025 to support the digital and green transition of Italian companies.
Investments in capital goods 4.0 are eligible, provided that through them a reduction in energy consumption is achieved. In this case, facilities for self-generation of renewable energy are also eligible for tax relief.
Businesses that incur costs in tangible and intangible capital goods in the years 2024 and 2025, provided for in Annexes A and B of the Transition 4.0 Plan, which are interconnected to the business system and bring about a reduction in energy consumption, will be entitled to a tax credit of up to 45 percent.
Energy savings must be at least 3 percent of the energy consumption of the production facility, or 5 percent with respect to energy consumption referred to the production process involved in the investment.
In order to take advantage of the incentive, a specific communication and certification process must be followed:
BEFORE THE COMPLETION OF THE INVESTMENT (EX-ANTE):
Appropriate application for reservation of available resources
Appropriate ex-ante certification attesting to the reduction in energy consumption achievable through 4.0 capital goods only (excluding any renewable energy production facilities)
Special periodic communications regarding the progress of the investment in the manner and terms to be defined by interministerial decree to be published soon. Based on these communications, the amount of benefit payable will be determined, up to the amount of the “reserved” benefit
AFTER THE COMPLETION OF THE INVESTMENT (EX-POST):
Appropriate ex-post communication following the completion of the investment, accompanied by additional ex-post certification that the investments were actually made in accordance with the ex-ante certification.
The Transition 5.0 Plan provides, a dedicated facility for investments in renewable sources, such as photovoltaic systems, which can be facilitated with a tax credit of up to 63 percent provided that:
The investment involves 4.0 assets that achieve minimum energy savings as previously reported;
Be carried out in the years 2024 and 2025;
The photovoltaic system is manufactured in the European Union and has an energy efficiency of at least 21.5 percent
