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Austria’s solar and storage rebates exhausted in 29 seconds

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Austria’s solar and storage rebates exhausted in 29 seconds

The third and final funding round for solar and energy storage systems in Austria for 2026 has concluded. The Renewable Energy Expansion Act (EAG) funding agency announced on Wednesday that it had approved 7,007 applications out of 41,322 submissions, representing approximately €192 million ($212.8 million) in requested subsidies.

The rebates cover up to 30% of eligible investment costs, subject to fixed subsidy rates per kW of installed solar capacity and per kWh of battery storage.

Under the EAG, applications for smaller PV systems are approved on a first-come, first-served basis. In Category A, covering systems up to 10 kW, the available budget of €30.5 million was sufficient only for applications submitted within the first 29 seconds of the funding window opening at 5 p.m. on Oct. 8, according to the agency.

Funding for Category B, covering systems between 10 kW and 20 kW, was exhausted even faster, after just 18 seconds. Systems in Categories A and B are eligible for investment subsidies of €150/kW and €140/kW, respectively, as well as €150/kWh for battery storage.

In Categories C and D, applications are ranked according to the amount of funding requested. In Category C, projects requesting up to €97/kW were approved, while the threshold for Category D was €94/kW.

Industry association PV&B Austria reiterated its criticism of the Ministry of Energy following the announcement.

“Whether it’s 33 seconds or 29 – if the federal government truly intends to secure Austria’s independent energy supply, we need clear facts and a modern legal framework for the subsidy system from 2027 onwards,” said Vera Immitzer, managing director of PV&B Austria.


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