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.
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.
UK energy trade bodies – including the Solar Trade Association and Regen – are calling on the Treasury to implement tax relief for clean energy technologies.
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.