Tag Archive: Spain Considers Taxing the Sun

Spain Considers Taxing the Sun

Spain Considers Taxing the Sun You know the Spanish economy is in dire straits when politicians propose a tax on the sun. Far from rewarding enterprising citizens by offering net metering rebates, Spain is considering a more ass-backwards approach by instead taxing those who would dare take it upon themselves to produce their own energy.   In alleged efforts to tackle a debt mountain of $35 billion, Spain’s energy sector wants solar panel users to pay a “backup toll,” essentially forcing people who use solar panels to pay for “self-consumption.” “We will be the only country in the world charging… View Article