The Transition 5.0 Plan is an initiative of the Italian government aimed at supporting companies in the energy and digital transition process. Through an Implementing Decree and an Operating Circular, the rules and methods for accessing incentives have been defined, which aim to promote sustainable investments, reduce energy consumption and encourage the use of renewable energy
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Table of Contents:
What does the Decree Implementing Transition Plan 5.0 provide
The Decree implementing Transition Plan 5.0, published on August 6, 2024, establishes a series of grants aimed at businesses, aimed at reducing energy consumption and digitalizing.
Here are the main points set out in the Decree:
- Tax credit: It is provided for companies that invest in the energy and digital transition, known as the energy transition bonus 5.0.
- Types of investments allowed: Investments in tangible and intangible assets that reduce energy consumption are those eligible for financing.
- Presentation of projects: The ways to present innovative projects aimed at reducing energy consumption.
- Duration of aid: The incentives are valid from January 1, 2024 to December 31, 2025.
- Compulsory training: Companies must engage in training related to the energy and green transition.
- Control and monitoring: Methods are provided to verify the actual energy savings achieved.
- Penalties: Established for non-compliance with established obligations.
- Access to tax benefits: Rules for companies that adhere to the energy certification system.
- Technical certification: Categories of subjects authorized to certify.
What is the 5.0 Transition Plan
The Transition 5.0 Plan is a program that aims to support the digitalization and decarbonization of businesses. Strengthened by the PNRR Decree and the 2024 Budget Law, the plan provides more than 12.7 billion euros to encourage investments in energy self-production from renewable sources and in staff training. The plan aims to reduce energy consumption by at least 3% or 5% through digital investments.
Plan Implementation Rules
The MIMIT Circular, published on 16 August 2024, provides the technical rules for accessing the aid of the Transition 5.0 Plan. Some key points include:
- Energy savings criteria: Technical specifications for determining the energy savings achieved.
- Plant requirements: Standards for self-production plants intended for self-consumption of renewable energy.
- Investments allowed: Details on investments in electricity from renewable sources.
- Eligible expenses: List of expenses that are eligible for incentives.
- Required documentation: Indications on the documents to be submitted.
- Tax credit rules: Technical regulations relating to the tax credit for the production processes involved.
Launch of the 5.0 Transition Plan
The Decree implementing Transition Plan 5.0 came into force on August 7, 2024. From this date, companies can request incentives through the GSE (Energy Services Manager)
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The Transition 5.0 Plan represents an important opportunity for Italian companies to reduce energy consumption and to start digitalization, thanks to the incentives provided. The technical regulations and methods of access are clearly outlined in the Implementing Decree and in the Operating Circular, thus facilitating adherence to the program
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