2.4. Solidarity Surcharge on Photovoltaic Projects

In accordance with Law 4093/2012, a special solidarity surcharge is imposed on producers of electrical energy from photovoltaic plants. The solidarity surcharge is calculated based on the turnover from electrical energy achieved in the period between July 1, 2012, and June 30, 2014, and affects plants already in operation, as well as those in test operation or whose connection is activated. The special solidarity surcharge is calculated based on the feed-in tariff before VAT, and amounts to:

1. 25% for photovoltaic plants that entered test operation or whose connection was activated by December 31, 2011.
2. 30% for photovoltaic plants that entered test operation or whose connection was activated after January 1, 2012, and whose feed-in tariff corresponds to the reference price from the table in Article 27A of Law 3734/2009 one month before February 2012.
3. 27% for photovoltaic plants that entered test operation or whose connection was activated after January 1, 2012, and whose feed-in tariff corresponds to the reference price from the table in Article 27A of Law 3734/2009 for the period between February 2012 and August 9, 2012.
4. 10% for the other Renewable Energy plants as well as for the SHTHIA (ΣΗΘΥΑ) plants.

By decision of the Minister of the Environment, the payment obligation for this special surcharge can be extended for another year.

The payment of this surcharge is not imposed on photovoltaic plants whose feed-in tariff corresponds to the reference price from the table in Article 27A of Law 3734/2009 for a date after August 9. Furthermore, the special surcharge is not imposed on the operators of rooftop plants.

(Status January 2013. All information provided without warranty.)