ATO Depreciation Rates 2021 • Solar

Table A
Name	Effective Life	Diminishing Value Rate	Prime Cost Rate	Date of Application
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Electricity supply:
Electricity generation:
Power generators:
Solar:
Photovoltaic electricity generating system assets (incorporating photovoltaic panels, mounting frames and inverters)	20 years	10.00%	5.00%	1 Jul 2011
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Assets generally:
Hot water systems (excluding piping):
Solar	15 years	13.33%	6.67%	1 Jul 2004
Solar power generating system (incorporating batteries, inverters, solar panels, regulators)	20 years	10.00%	5.00%	1 Jul 2004
Outdoor assets:
Garden lights, solar	5 years	40.00%	20.00%	1 Jul 2019
Swimming pool assets:
Heaters:
Solar	20 years	10.00%	5.00%	1 Jul 2004

Table B
Name	Effective Life	Diminishing Value Rate	Prime Cost Rate	Date of Application
Advertising signs:
Billboard assets:
Billboard lighting:
LED lighting systems (including solar powered LED lighting systems)	10 years	20.00%	10.00%	1 Jul 2015
Solar power generating assets - see Table B Solar photovoltaic electricity generation system assets
Solar photovoltaic electricity generation system assets	20 years	10.00%	5.00%	1 Jul 2011
Swimming pool assets:
Heaters:
Solar	20 years	10.00%	5.00%	1 Jul 2004

Disclaimer: While all the effort has been made to make this service as helpful as possible, this is free service and the author makes no warranties regarding the accuracy or completeness to any information on this website.

ATO Depreciation Rates 2023