- UK government removes VAT charge for domestic battery energy storage systems (BESS)
- Policy change follows campaign by Solar Energy UK and parliamentarians
- VAT exemption applies to retrofitted BESS until 31 March 2027
- Exemption also applies to water-source heat pumps and smart diverters
- Over 1.2 million solar-powered homes can benefit from tax cut
- BESS can store power after sunset and increase financial savings on energy bills
- BESS can help relieve grid stress and engage in saving sessions
- Domestic BESS installations indicate national attitude towards green technology
- Examples of solar and BESS projects in Nottinghamshire, Scotland, and Richborough substation
Source: solarpowerportal.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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