Energy transition tax credit (CITE): single 30% rate from the first expense

Article 3 of the 2015 Finance Act turns the sustainable development tax credit into the energy transition tax credit (Article 200 quater of the General Tax Code). For expenses paid from 1 September 2014, the rate is raised to 30% (instead of 15% or 25%) and the "package of works" condition is removed. The credit is extended to heating cost metering devices, electric vehicle charging points and, overseas, certain solar protection and natural ventilation equipment. Expenses paid from 1 January to 31 August 2014 remain under the former rules.