Energy efficiency: possible extension on incentives
During a press conference held at EIMA International, the undersecretary for business and Italian manufacturing Massimo Bitonci announced the possibility of an extension to April 2026 for the 5.0 subsidies, quantified at 6.3 billion for investments from 1 January 2024
More than EUR six billion has been allocated to facilitate the energy transition of Italian companies. This is what the incentives provide under the Industry 5.0 measure, which recognizes a tax credit to partially cover investments made by companies to improve efficiency and reduce energy consumption. The incentives, depending on certain energy parameters, cover a share varying between 35% and 45% of the cost incurred and are recognized retroactively for all investments made between January 1, 2024 and December 31, 2025.
This was also discussed on the second day of EIMA International, during a press conference with the Undersecretary of the Ministry of Business and Made in Italy, Massimo Bitonci. Industry 5.0 is a very complex measure not only from a procedural point of view but - explained Bitonci - also because the time frame provided by the law may not be sufficient for the actual conclusion of the investment. “For this reason we are working with Brussels on an extension until April 2026. The European Commission is open to this negotiation, since – said Bitonci – it is clear that tax credits of this size require a lengthier period of time”.
The Undersecretary, stressing the importance of Italian agricultural mechanization and the role it plays as an ambassador of Made in Italy products, also announced the intention to increase the amounts that can be financed. This is a measure that, in terms of timing, could already within the year be set out in a document linked to the Budget Law.
The numbers of interventions funded to date, quantified in a few tens of millions, are still rather low, since the ex ante and ex post consumption certifications necessary to obtain funding lengthen the procedural procedures. Bitonci believes, however, that in the coming weeks there will be a significant increase in demand and that the Transition 5.0 measures will be seen as an opportunity to continue to grow the sector and make the innovative technologies that find their best expression in this EIMA International accessible.