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Solar panels in the Balearic Islands

Every programme that lowers the cost of home solar in the Balearic Islands, with the typical price, sun yield and payback of a home system.

What grants are there in 2026?

Open programmes for homes in the Balearic Islands, each checked against its official source.

  • 50% of the cost, up to €5,000 — Balearic regional income-tax deduction for home sustainability — 50%
  • 40% of the cost, up to €3,000 — Income-tax (IRPF) deduction for energy-efficiency works — 40%
  • 10% of the cost, up to €500 — Income-tax (IRPF) deduction for renewable self-consumption in 2026 — 10%
  • 25% off the property tax for 6 years — IBI property-tax bonus for solar — Palma
  • 95% off the construction tax — ICIO construction-tax bonus for solar — Palma
All programmes on this pageIRPF deduction explained

A typical home system

Installed price
€4,300–8,0003–6 kWp home systems, VAT included, before subsidies
Sun yield
1,609 kWh per kWp a yearPanels facing south at 33°, near Palma
Payback
13 years3 kWp for a home using 4,000 kWh a year, before subsidies

Subsidies and tax bonuses

Checked against the official source of each rule. Conditions apply: open the source before relying on a figure.

  • Regional

    Balearic regional income-tax deduction for home sustainability — 50%

    50% of the cost, up to €5,000

    Main residence (owner's, or a home let as a tenant's main residence) in the Balearic Islands; income limits apply.

    DetailsOfficial source
  • TownPalma

    IBI property-tax bonus for solar — Palma

    25% off the property tax for 6 years

    Properties with voluntary solar self-consumption registered with the Balearic self-consumption registry; granted once per owner and property.

    DetailsOfficial source
  • TownPalma

    ICIO construction-tax bonus for solar — Palma

    95% off the construction tax

    Reduces the municipal construction tax (ICIO, 4% of the material cost) on the solar part of the works by 95%. Claimed with the works licence or declaration.

    DetailsOfficial source
  • National

    Income-tax (IRPF) deduction for energy-efficiency works — 40%

    40% of the cost, up to €3,000

    Main residence, or a home you rent out (or rent out before 31 Dec 2027). Needs energy performance certificates issued before and after the works.

    DetailsOfficial sourceOpen until 31 December 2026
  • National

    Income-tax (IRPF) deduction for renewable self-consumption in 2026 — 10%

    10% of the cost, up to €500

    Individuals who own the property; the installation is not used for an economic activity and is finished and paid for in 2026.

    DetailsOfficial sourceOpen until 31 December 2026

Questions

Are there solar subsidies in the Balearic Islands?

Yes: 5 programmes apply to homes in the Balearic Islands, including Balearic regional income-tax deduction for home sustainability — 50%; IBI property-tax bonus for solar — Palma; ICIO construction-tax bonus for solar — Palma.

How much do solar panels cost in the Balearic Islands?

A home system of 3–6 kWp typically costs €4,300–8,000 installed, VAT included, before subsidies.

How much electricity do solar panels produce in the Balearic Islands?

About 1,609 kWh per installed kWp a year with panels facing south at 33°, so a 3 kWp system produces about 4,830 kWh a year.

How long do solar panels take to pay for themselves in the Balearic Islands?

For a home using 4,000 kWh a year, a 3 kWp system pays for itself in 13 years before subsidies. Subsidies shorten it.

Can I finance solar panels in the Balearic Islands?

Banks and installers offer their own loans. SolarPlan lists only loans with published terms, and none is listed for the Balearic Islands yet.