President of Uzbekistan Shavkat Mirziyoyev signed a law on the use of renewable energy sources (RES).
According to the document, producers of energy from renewable energy sources and manufacturers of renewable energy source installations, within their authority, are entitled to:
- participate in development and implementation of state and other programs in the field of the use of renewable energy sources;
- enjoy tax, customs and other benefits and preferences in the use of renewable energy sources;
- create a local network (electric, thermal and (or) gas);
- conclude contracts with legal entities and individuals for the sale of electric, thermal energy and (or) biogas, produced from renewable energy sources supplied through a local network (electric, thermal and (or) gas).
In order to create favorable conditions for energy producers from renewable energy sources, manufacturers of renewable energy source installations and companies carrying out investment and scientific-research activities in the field of using RES will be provided the following state support:
- establishment of tax, customs and other benefits and preferences in the use of RES;
- promoting the creation and application of innovative technologies in the use of RES;
- ensuring guaranteed connection to the unified electric power system of RES;
- granting the right to enterprises of territorial electric grids in agreement with the single purchaser of electrical energy and local government bodies to conclude contracts for the purchase of electrical energy from energy producers using RES.
“Exemptions for taxes and customs duties can be provided to legal entities and individuals when importing renewable energy source installations, the use of which significantly increases the efficiency of using RES,” the document says.
Renewable energy producers will be exempt from property tax for renewable energy source installations and land tax on the areas occupied by these facilities (with a nominal capacity of 0.1 MW or more) for a period of ten years from the date they are put into operation.
The law states that the tariffs for electricity generated from renewable energy sources will be determined on the basis of competitive bidding.
“When forming tariffs for electricity for final consumers, all expenses for the purchase of electricity from all sources of production, including from renewable sources of energy, are taken into account,” the document says.