Market/ Regulatory / Legal Context Sample Clauses

Market/ Regulatory / Legal Context. The Danish government taxes the consumed electricity — as stipulated in Elafgiftsloven (translation: the electricity tax law). However, renewable energy, which is directly consumed by the producer, is exempt from tax. Electricity tax represents two thirds of the billing cost for a private consumer. It is therefore more economical to try and consume as much as possible of the renewable energy production. The three conditions in the following list must be fulfilled in order to qualify for the tax exemption: ● The electricity is produced by RES. ● The consumption must be direct, and not passing through the public grid. ● The electricity must be consumed by the producer; they must be the same legal entity. Nevertheless, it is possible to apply for hourly net metering at the transmission system operator (Energinet). In that case, both production and consumption are accumulated every hour by the meter, and the consumption is subtracted from the production before calculating taxes. That is, only the net sales are taxed. A marina is allowed to mount PV panels (on a roof, for instance), and consume the electricity itself. This will not affect any other tax exemptions the xxxxxx xxx enjoy. However, if the xxxxxx xxxxx some of the electricity to the grid, it may affect the tax status of the marina. If a camp-ground sells electricity to the visitors – and bills them according to meters, according to a fixed daily price, or according to a lump sum – then the electricity is taxed. It is assumed that it is valid for marinas too, so that the boat owners are obliged to buy electricity at a rate that includes the tax. In Ballen, the marina and ferry harbour parcels are separate. It is still unclear whether it would be legal to install a sea cable that connects the two parcels in order to create an internal connection that does not pass through the public grid.
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