Treasury proposes rise from 5% to 20%, while the tax on coal will stay at lower rate Homes hoping to shrink their carbon footprints by installing a solar-battery system face a steep VAT increase from October under new laws proposed by HMRC. The Treasury put forward legislation on Monday to raise VAT for home solar-battery
New research from an Adelaide university has found that battery power storage has reached a tipping point where it’s worth the investment and can save families money. Samantha Corns' family-of-five uses batteries to power their home and said they are "basically living off the grid." The battery, which stores energy generated by her rooftop solar
General Electric will demolish a California natural gas-fired plant with 20 years remaining in its useful life, deeming the plant “uneconomical” as inexpensive solar and wind grab a larger share of power in the state. The Inland Empire Energy Center (IEEC), a 750 megawatt plant, is slated for closure by the end of the year.
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”. Yesterday (Monday 24 June) legislation was put forward containing the VAT increase, which will see tax on home solar and battery
A Citizens’ Assembly on climate change and achieving net zero has been announced by six of the government's select committees. The Assembly will bring together a group of citizens to discuss – and reach a conclusion on - a net zero pathway. A report will be produced after all the sessions are over, with the
It was never more important to keep renewable energy in the focus of our parliament. We have heard plans for net zero carbon for the UK which is a fantastic endeavour. However, it will only happen with government backing and my current focus is on helping domestic installs with appropriate incentives. Installed Solar
Two thirds of all people who own a PV array generate enough electricity to become self-sufficient if they have access to storage, according to German utility E.ON. “66 percent of our clients with a solar array produce more electricity over the year than they consume,” the company’s head of German operations, Victoria Ossadnik, told broadcaster
A proposed quadrupling of the rate of VAT on renewable energy systems including solar panels could backfire by putting customers off going ‘green’, a leading energy expert has warned. David Jones, whose Denbigh-based Hafod Renewables are specialists in the installation of new ‘green’ technologies, says the increase from five to 20 per cent will have
Tesco is to install around 5MW of rooftop solar PV across its UK site portfolio after penning a PPA agreement. The supermarket giant has signed an agreement with SDCL Energy Efficiency Income Trust (SEEIT), which will provide financing for the sites. It’s the second major solar announcement from Tesco this year. In January Solar Power
Large-scale renewables are the most important factor in decarbonisation of the energy sector, according to a new UK Energy Research Centre (UKERC) report. However, rapid, unprecedented changes across the entire UK economy will be required to meet net zero. Disruptive change, defined by UKERC as a significant deviation from past trends in a short timeframe,