VAT on residential solar panels has been cut to zero in the Spring Statement, unveiled today (23 March) by Chancellor Rishi Sunak.
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.
Solar Energy UK has called for long-term structural reforms to accelerate the growth of renewables in response to the increase in the energy price cap.
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.
Solar Energy UK has lent its weight to calls for renewable deployment targets as part of “urgent action” needed to decarbonise Britain’s grid.
Removing VAT on clean energy products like solar panels is supported by a majority of the public, new analysis by Green Alliance has found.
A letter penned by energy supplier Bulb and signed by over 30 industry organisations is calling on the government to reduce VAT rates for green technologies, including solar and energy storage.
Energy supplier Bulb has joined the call to scrap VAT on green products, including solar panels, to help households go green.
Chancellor Rishi Sunak’s 2021 Budget was notably absent of commitments to support the solar and storage sectors, despite the welcome news of a UK-Infrastructure Bank and green bonds.
Wide tax changes could offer a 'reset' for Britain’s economy, promoting green technologies.
Energy storage firm AceOn has joined a call to reverse changes to VAT for the technology that came into effect in 2019.
Here’s the top-ranking news from 2020 on Solar Power Portal, based on page views.
UK energy trade bodies – including the Solar Trade Association and Regen – are calling on the Treasury to implement tax relief for clean energy technologies.
Frequency response continues to be a key driver of front of the meter storage in the UK, but the market is slowing as it faces numerous challenges.
Exemption from business rates, fair tax treatment and zero-interest loans for green home improvements are needed to unlock the potential of solar power in the UK.
The SNP’s manifesto pledges to allow solar power to take part in the Contracts for Difference (CfD) scheme, if the party is elected in the General Election in December.
Letter penned by Good Energy chief executive Juliet Davenport calls on chancellor of the exchequer Sajid Javid to axe proposed VAT raises.
The Conservative Environmental Network (CEN) has released its manifesto, outlining ideas for how the Conservative Party could tackle the climate emergency, including the removal of barriers to solar and storage.
Legislation to increase the rate of VAT attached to solar panels and home batteries to 20% move forward yesterday following a legislation committee hearing that included accusations of government errors and “bombast and windbaggery”.
HM Revenue & Custom proposals to increase VAT on solar panels will hinder the country’s progress towards a net zero economy, Committee on Climate Change (CCC) chief Chris Stark has said.
The Renewable Energy Association has taken aim at a government proposal to hike up the VAT rates attached to some energy saving materials, including solar and battery storage.
Liam Stoker looks ahead to tomorrow lunchtime to see what the UK’s solar industry might expect to see within Philip Hammond’s – and the UK’s – first Autumn Budget.