About Tariff rate for imported photovoltaic panels in Indonesia
As part of its 2018 report on renewable financial incentives, the Badan Kebijakan Fiskal (Fiscal Policy Agency) developed such models for small hydro and solar PV projects. A separate production cost model has also been developed for geothermal, and is applied in this report to estimate future subsidy payments.
As part of its 2018 report on renewable financial incentives, the Badan Kebijakan Fiskal (Fiscal Policy Agency) developed such models for small hydro and solar PV projects. A separate production cost model has also been developed for geothermal, and is applied in this report to estimate future subsidy payments.
QB 23-507 Solar Cells and Modules 2023. On February 4, 2022, the President signed Proclamation 10339 “To Continue Facilitating Positive Adjustment to Competition from Imports of Certain Crystalline Silicon Photovoltaic Cells (Whether or not Partially or Fully Assembled into Other Products)” under Section 201 of the Trade Act of 1974 .
Indonesia’s average MFN applied tariff rate was 8.7 percent for agricultural products and 8.0 percent for non-agricultural products in 2021 (latest data available). Indonesia has bound 96.1 percent of its tariff lines in the World Trade Organization (WTO), with an average WTO bound tariff rate of 37.3 percent.
The current incentive condition for residential rooftop PV systems in Indonesia is a government-provided NEM mechanism with a 1:1 export-import rate. Although the SEF program provides subsidies for PV installation costs, the number of PV owners eligible for these incentives is limited, and the program will end in 2023.
The import duty ranges from 0-450% depending on the products imported and the availability of imported goods industry in Indonesia. Ministry of Finance(MoF) regulation 6/PMK.010/2017 stipulated the latest import duty for imported goods in Indonesia.
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6 FAQs about [Tariff rate for imported photovoltaic panels in Indonesia]
What if Chinese solar module imports to Indonesia?
If the import duty and taxes enforced for Chinese solar module (0.1-0.3 USD/Wp) imported to Indonesia, the solar module prices could rise by almost 20% (0.12-0.36 USD/Wp). Therefore, it may increase the investment cost of a solar power plant by about ~10% (assuming a 45-50% share of investment cost is from solar module cost) (IRENA, 2019).
Does Indonesia have a solar energy policy?
At least one solar energy policy has been enacted in these countries. Specifically, Indonesia has implemented Feed-In Tariff (FiT) regulations for utility-scale projects, net-metering mechanisms for rooftop PV, and solar tariffs determined by benchmarking against applicable electricity cost generation.
How much does solar PV cost in Indonesia?
Similar to wind, current installed solar PV capacity in Indonesia is only 90 MW, with the capital cost still ranges from 700 to 1200 USD/ kW, higher than capital costs in Europe, China and India which mostly below 1000 USD/kW (IRENA, 2019). The cost in leading markets even reaches below 500 USD/kW in 2019 (Vartiainen, et. al, 2019).
Does Indonesia support rooftop solar PV?
Timeline of rooftop solar PV policies in Indonesia. The MEMR cooperated with the United Nations Development Program (UNDP) in Indonesia to support rooftop PV implementations and introduced an incentive program for rooftop PV systems.
What is the incentive condition for residential rooftop PV systems in Indonesia?
Estimation of bill reduction The current incentive condition for residential rooftop PV systems in Indonesia is a government-provided NEM mechanism with a 1:1 export-import rate. Although the SEF program provides subsidies for PV installation costs, the number of PV owners eligible for these incentives is limited, and the program will end in 2023.
Why is the number of rooftop photovoltaic systems increasing in Indonesia?
The number of rooftop photovoltaic (PV) systems in Indonesia has increased massively following the implementation of the net-metering (NEM) scheme. However, it is still below the target due to high investment costs and low electricity prices.