{"id":1273,"date":"2024-01-30T14:06:40","date_gmt":"2024-01-30T14:06:40","guid":{"rendered":"https:\/\/solarsunair.co.uk\/?p=1273"},"modified":"2024-02-08T14:08:53","modified_gmt":"2024-02-08T14:08:53","slug":"vat-to-be-scrapped-on-battery-storage-retrofits","status":"publish","type":"post","link":"https:\/\/solarsunair.co.uk\/vat-to-be-scrapped-on-battery-storage-retrofits\/","title":{"rendered":"VAT To Be Scrapped on Battery Storage Retrofits"},"content":{"rendered":"\n

Good news for homeowners!<\/strong> The UK government has just made it easier to invest in battery storage for your home, thanks to a new VAT exemption. As of February, any installation of a battery storage system, whether you’re adding it to existing solar panels or starting fresh, will be completely VAT-free.<\/p>\n\n\n\n

Before, you only got a VAT break on batteries if they were part of a larger energy-saving project like solar panels. But the government listened to feedback and now recognizes that batteries are key for using your own energy and relying less on the grid.<\/p>\n\n\n\n

What Does This Mean for you?<\/strong><\/h2>\n\n\n\n

You can now enjoy significant savings when installing a battery storage system at home. This makes it more affordable to store your own clean energy, lower your electricity bills, and become more energy independent.<\/p>\n\n\n\n

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When Does the VAT Exemption for Battery Storage Systems Start?<\/h2>\n\n\n\n

Starting February 1st, 2024, you can install battery storage in your home completely VAT-free<\/strong>. This applies to all homes across the UK<\/strong>, not just those with solar panels. Plus, the 0% VAT benefit extends to charities<\/strong> alongside residences.<\/p>\n\n\n\n

This limited-time offer lasts until March 31st, 2027, after which VAT will increase to 5%. Don’t miss out on this chance to significantly reduce the cost of battery storage<\/strong> and gain greater energy independence.<\/p>\n\n\n\n

What Are the Benefits of Battery Storage Systems?<\/h2>\n\n\n\n

A residential battery energy storage system enables the storage of electricity for later use, providing numerous financial advantages for homeowners, including:<\/p>\n\n\n\n

Slash your electricity bills:<\/strong><\/p>\n\n\n\n