What does the shift to a 110% rate mean for works previously incentivized at a different rates?
The incentive rate of 110% is recognized only for costs incurred from July 1, 2020 to June 30, 2022* (with the exception of IACP public housing institutes, for which the period has been extended until December 31, 2022**). In the case of energy efficiency works, moreover, the building must achieve an overall improvement of at least two energy ratings levels or, where this is not possible, it must achieve the highest rating. In order to qualify for the 110% incentive rate, energy renovation projects (e.g. replacement of windows, installation of sun shields, etc.), unless the building is subject to environmental/landscape and regulatory restrictions, and the installation of electric vehicle charging infrastructure must be carried out jointly with the installation of a thermal envelope or the replacement of the heating system (centralized or autonomous).
The installation of photovoltaic and energy storage systems, however, can benefit from the incentive rate even if the work is carried out in combination with seismic safety upgrade work.
* The extension of the Superbonus until June 30, 2022 is subject to definitive approval by the Council of the European Union. If, on June 30, 2022, the apartment building or individuals, outside of their business, artistic or professional activity (with reference to the projects on buildings composed of between two and four distinct and separately registered properties, even if owned by a single owner or by more than one person) have carried out at least 60% of the overall work, the 110% incentive rate will be available also for the costs incurred until December 31, 2022.
** For the works carried out by IACP independent public housing institutes that have carried out at lest 60% of the overall works by December 31, 2022, the 110% incentive rate will be available also for the costs incurred up to June 30, 2023.