2024 marks the final opportunity to avail oneself of the Basilicata 2024 water bonus (potable). This fiscal incentive allows for a 50% saving on expenses related to the purchase of filtering, mineralization, cooling systems, and the addition of carbon dioxide for food. Within this discourse, I shall disseminate the eligibility criteria to access the bonus, the application process, as well as the environmental and health benefits it offers.
Water, the elixir of life, is not merely a resource but a fundamental necessity for sustenance and well-being. However, as the global population burgeons and environmental concerns intensify, ensuring equitable access to clean and potable water has emerged as a pressing challenge. In light of this, regions worldwide are devising innovative strategies to conserve water resources, promote sustainable consumption, and alleviate the burden on vulnerable communities. The Basilicata 2024 water bonus stands as a paradigm of such endeavors, offering not only financial relief but also fostering a culture of responsible water stewardship. This discourse delves into the intricacies of the Basilicata 2024 water bonus, exploring its eligibility criteria, application process, and broader implications for environmental sustainability and public health.
Understanding the Basilicata 2024 Water Bonus
The Basilicata 2024 water bonus epitomizes a special fiscal benefit introduced by the Basilicata Region to provide support to low-income families residing within its territory. This benefit entails a reduction in the water bill, made possible through the generation of electricity from renewable sources. To qualify for this bonus, one must have an Equivalent Economic Situation Indicator (ISEE) of less than 30,000 euros, with applications required to be submitted by February 28, 2024.
Eligibility Criteria and Benefits
Families residing in Basilicata with an ISEE of less than 30,000 euros are eligible for the Basilicata 2024 Water Bonus. This program aims to reduce the water bill by utilizing renewable energy sources to generate electricity. Additionally, there is also the Potable Water Bonus, which covers expenses related to filtration, mineralization, cooling systems, and the use of carbon dioxide for food in 2023.
Quantifying the Basilicata 2024 Water Bonus
The Basilicata 2024 Water Bonus is a fiscal facilitation designed to assist low-income families in the region in reducing water bill expenses. This benefit is financed by generating electricity from renewable sources. The amount of the discount depends on the family’s water consumption and the number of household members. In general, each family that meets certain criteria can enjoy a bill reduction equivalent to 50 liters per day.
Consider a family of four consuming 200 liters of water per day. Thanks to the Basilicata 2024 Water Bonus, they will only need to pay for half of that amount, namely 100 liters. Similarly, if a larger family of six consumes 300 liters of water per day, the expenditure will be reduced to just 150 liters, all thanks to the Potable Water Bonus.
In practical terms, this means that the Basilicata 2024 Water Bonus can result in significant savings for families, potentially up to 200 euros per year. It serves as a tangible incentive for families to manage water consumption wisely, ultimately benefiting their overall budget.
Eligibility Criteria for the Basilicata 2024 Water Bonus
The Basilicata 2024 water bonus presents a fantastic facilitation for residents with an annual income equal to or less than 30,000 euros (according to ISEE) to completely waive the integrated water service (SII) bill.
Here are the eligibility criteria for the Basilicata 2024 water bonus:
- Residency in Basilicata.
- ISEE income equal to or less than 30,000 euros annually.
- Being the holder of a potable water supply contract with a participating manager eligible for the bonus.
Exclusions from the Basilicata 2024 Water Bonus
The Basilicata 2024 Potable Water Bonus is not accessible to the following individuals:
- In 2024, the 50% tax credit will only cover expenses for water filtration, mineralization, and cooling incurred in 2023.
- If you have not purchased and installed systems for water filtration, mineralization, cooling, and carbon dioxide addition for food use in 2023, you will not be eligible for the tax credit. Additionally, if you do not submit an application to the Revenue Agency between February 1st and February 28th, 2024, using Entratel or Fisconline, you will also be ineligible.
- Furthermore, individuals will not be able to benefit from potable water supply for domestic use and individual utilities or own a main residence falling under cadastral categories A1, A7, and A9.
- Finally, if your ISEE indicator is higher than 9,530 euros, or if you have at least 4 dependent children with an ISEE indicator higher than 20,000 euros, or if you are not the holder of Citizenship Income or Citizenship Pension, you will not be eligible for the tax credit.
ISEE Assessment for the Basilicata 2024 Water Bonus
The Basilicata Region has recently approved a resolution to provide a reduction on the water bill for approximately 70,000 families with ISEE up to 30,000 euros (reduced to 20,000 euros for families with 4 or more dependent children). The funding for this discount will come from environmental compensation obtained from hydrocarbon extraction, specifically…
Application Process for the Basilicata 2024 Water Bonus
To apply for the potable water bonus in Basilicata for the year 2024, simply follow these simple instructions:
- Application submission deadline: submit the application to the Revenue Agency from February 1st to February 28th, 2024.
- You can conveniently submit your request online using the Entratel or Fisconline telematic service.
- To be eligible for the bonus, you must have purchased and installed filtration, mineralization, cooling, and carbon dioxide addition systems for food in 2023.
- You will receive a tax credit equal to 50% of the expenses incurred.
- Refund limits: individuals can receive a maximum refund of 1,000 euros, while businesses, arts and professions, and non-commercial entities are entitled to a higher refund of up to 5,000 euros.
- Bonus assessment: the precise value of the bonus is determined by the resources available and the applications that have been submitted.
- To finalize your application, you can refer to the instructions provided on the Revenue Agency’s website or choose to be assisted by an authorized intermediary.
- You will receive a receipt within 5-10 days of submitting the application.
- The Tax Credit can be used as a form of compensation in the income tax return or can also be transferred to different entities, such as credit institutions and financial intermediaries.
Conclusion
In this discourse, I have informed you about the Basilicata 2024 water bonus, and if you have all the information, feel free to share and follow our blog.