Naked Solar is looking to expand its team, as VAT reductions, Supertax reductions for businesses and rising electricity bills lead to “a significant Solar Boom”.
Solar PV, energy storage and other clean energy technologies are to be exempt from business rates rises from April 2023 as part of Chancellor Rishi Sunak’s Budget, representing a major victory for the sector.
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.