In 2023, Italy's tax expenditure on end-use electricity for residential purposes was recorded at 2.14 billion USD (2020 constant dollars). Forecast data projects an increasing trend from 2024 to 2028, reaching 2.75 billion USD. Year-on-year percentage changes depict a gradual rise: 5.75% in 2025, 5.02% in 2026, 4.78% in 2027, and 4.56% in 2028. Over five years, the Compound Annual Growth Rate (CAGR) is anticipated to be around 5%, reflecting steady increase.
Future trends to watch:
- Potential policy shifts impacting tax expenditure.
- Technological advancements enhancing energy efficiency.
- Changing consumer behavior with increasing demand for greener energy sources.