Government Unveils 0% VAT Relief for Energy Storage!

In a significant stride towards a greener and more energy-efficient future, the UK government has announced an expansive VAT relief policy for solar panel battery storage installations, to come into effect in February 2024. This forward-thinking initiative aims to encourage the adoption of energy storage batteries, marking a crucial development in the nation's commitment to clean energy transition.

The new policy represents a substantial expansion beyond previous VAT relief measures, which were limited to PV batteries installed concurrently with solar panels. Now, the scope includes both standalone battery installations and retrofitted batteries, signalling a momentous shift in support for the energy storage sector.

Under the new policy, the following technologies are now within the scope of 0% VAT relief include the following:

1. Electrical Battery Storage

2. Water-Source Heat Pumps

3. Diverters Retrofitted to ESMs

This expanded VAT relief not only benefits businesses and homeowners investing in solar panels in Buckinghamshire but also aligns with the government's commitment to achieving clean energy targets. 

As leading solar panel installers in Milton Keynes and beyond, the talented and experienced team at Now EV has expertise in solar panel battery storage installations, to ensure that you can make the most of the new VAT relief policy while embracing a cleaner, more sustainable energy future.

Contact our team today for professional battery storage and solar panel installation in Milton Keynes, Aylesbury, Oxford and the surrounding areas.