A reduction on VAT for solar and storage among other technologies would be a fast and simple way to reduce the impact of the energy price crisis on consumers, Solar Energy UK has said.
A coalition of almost 30 industry organisations is calling for the removal of VAT on domestic energy storage and other renewable and clean technologies.
The Treasury has outlined reluctance to change the VAT level on green products, following calls from industry for reductions to accelerate the rollout of technologies like solar panels and heat pumps.
UK energy trade bodies – including the Solar Trade Association and Regen – are calling on the Treasury to implement tax relief for clean energy technologies.
200,000-strong solar business rates petition delivered to Treasury as Hammond prepares maiden budget
A petition urging chancellor Philip Hammond to stop the business rates hike on solar installs, signed by more than 200,000 people, has been delivered to HM Treasury this morning.