Joe O'Brien (Dublin Fingal, Green Party)
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414. To ask the Minister for Finance if a tax exemption can be considered for income from domestic solar microgeneration to incentivise households switching to renewable energy; and if he will make a statement on the matter. [30862/22]

Paschal Donohoe (Dublin Central, Fine Gael)
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In my Budget 2022 speech, I announced a tax relief that operates in the same broad policy space as that mentioned by the Deputy. Budget 2022 provided a tax disregard in respect of personal income received by households who sell residual electricity from microgeneration back to the national grid.

The aim of the measure is to remove a potential administrative barrier to entry to the Department of the Environment, Climate and Communications' Microgeneration Support Scheme.

Subsequent to the Budget, Finance Act 2021 introduced Section 216D of the Taxes Consolidation Act 1997 which provides that the amount of the disregard is set at up to €200. This figure should ensure that most participants will pay no tax on income from this source. The measure will operate for an initial period of three years with a sunset clause applying at the end of 2024.