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Many businesses urge UK government to incentivise the uptake of genuinely clean energy

The government is facing yet more calls to slash VAT rates on domestic renewable energy and clean technology systems so as to incentivise the uptake of green solutions that can reduce household carbon emissions and
shield consumers from volatile gas prices.

In a letter to the government yesterday, nearly 30 companies and organisations from across the energy
sector argued steps needed to be taken to bring down the cost of a number of clean technologies, arguing that domestic zero carbon energy systems remained “unaffordable” for many households.

The coalition – which includes the Association for Renewable Energy and Clean Technology (REA), EDF, Nissan, and Ovo Energy – called on the government to slash VAT on a range of domestic energy saving materials, including energy storage systems, domestic EV chargers, heat pumps, and solar PV installations.

 Business Green 15th Oct 2021

https://www.businessgreen.com/news/4038700/energy-players-vat-scrapped-green-home-solutions

October 18, 2021 - Posted by | politics, renewable

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