Transition Plan 5.0
The Transition Plan 5.0 supports companies with tax credits for investments in tangible and intangible assets aimed at reducing energy consumption.
What does the measure provide?
Eligible investments, with a total allocation of €6.3 billion, must be made between January 1, 2024, and December 31, 2025. Investments must be completed by this date, including installation and interconnection of the purchased assets. Reporting will be allowed until the end of April 2026.
Eligible interventions
The list of tangible and intangible assets eligible for the incentive is included in Annexes A and B of the Industry 4.0 Plan. The necessary condition is that such investments enable at least a 3% reduction in energy consumption for the entire production facility or at least a 5% reduction in energy consumption of the individual production processes affected by the investment.
With the new law, investment brackets and related rates have been simplified from 2 to 3, as shown in the attached table.
Some assets, called “trainanti,” allow including other expense items, called “trainati,” in incentive reporting.
Energia Europa’s EP-X solution is classified among the “trainanti” assets valid for accessing the tax credit.
Examples of “trainati” (driven) assets include:
- Renewable energy production plants for self-consumption. If photovoltaic panels are used, they must be produced in the EU and have an efficiency of at least 21.5%. Also included are cogeneration, trigeneration, wind, and hydrogen plants; biomass is excluded.
Note: Self-consumption and LED lighting do not count towards the calculation of achieved energy savings. - Auxiliary plant services
Plants for storing produced energy - Transformers upstream of electrical network connection points and electric energy meters functional to electricity production
- Plants for producing thermal energy used exclusively as process heat, not transferable to third parties, with electrification of thermal consumption powered by self-produced and self-consumed renewable electric energy or certified renewable through a renewable energy supply contract pursuant to ARERA Resolution ARG/elt 104/11.
- Training expenses for personnel, provided by external entities, limited to 10% of the leading investments
- Consulting service costs related to the training project
- Operating costs related to trainers, employees, business owners, and working partners participating in training, directly connected to the training project.
For guidance in evaluating photovoltaic solutions, the following table may be useful:
Useful links
MIMIT Website
MIMIT FAQ (last updated 02/11/2024)
Note: FAQs regarding the evaluation of consumption reduction with power quality systems are on page 26, FAQ 4.17