Electricity: Marketing Tax Would be EliminatedThe reform proposal to Nicaragua's Energy Stability Law contemplates the elimination of the tax on the purchase and sale of electricity for users who generate their own energy and decide to market their surpluses.Thursday, November 28, 2019
On November 21, the Ortega administration sent to the National Assembly the initiative, which seeks to exonerate from the marketing tax, generators who sell their surplus electricity to Disnorte-Dissur. Source: laprensa.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Energy: Law Reformed in NicaraguaSeptember 2020 After the National Assembly modified the Law for the Promotion of Electricity Generation with Renewable Sources and its reforms, clean energy generators will be able to negotiate the lowering of current prices and in exchange they will receive five additional years of tax exemption. Renewable Energy Tax Incentives Extended Until 2023November 2017 In Nicaragua, the Ortega administration is proposing to extend tax benefits for energy generation projects using renewable sources for another five years. Nicaragua: New Energy Law for Self-ConsumptionJune 2017 The reform approved by the Assembly creates the concept of a distributed generator, which allows companies and households to generate energy for self-consumption with renewable sources and to sell surpluses to the distribution network. Nicaragua: Gas Natural Fenosa to Sell DistributorsDecember 2012 An announcement has been made that the Nicaraguan subsidiary of Gas Natural Fenosa will probably sell its shares in the electricity distributors Dissnorte and Dissur.
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