This week, the Government has made a significant announcement: they will be eliminating the 20% tax on retrofitted battery storage systems (BESS). This exciting change will take effect starting from February 1st of the coming year, bringing great relief and enthusiasm to both energy installation professionals and homeowners.
Solar Energy UK (SE UK) is celebrating this decision as a triumph of their tireless advocacy efforts. Their campaign to exempt VAT from retrofitted residential battery energy storage systems (BESS) has borne fruit, marking a significant milestone.
The Association for Renewable Energy & Clean Technology (REA) has also been actively involved in this cause and is gratified that battery storage will finally be on par with other energy-saving materials.
For further official information please visit the GOV website here