VAT Relief on Battery Storage
Big news! From 1st February 2024, energy independence is made more accessible than ever before for UK homeowners with the introduction of 0% VAT on Battery Storage Installations.
As recognition of the importance renewable energy plays both now and in our future, The Government recently announced a VAT relief on Energy Saving Materials (ESMs). One of the major outcomes is that battery storage installations – even without solar – VAT free.
Who will this benefit?
Whether you’re looking to start your solar journey to combat energy price rises and climate change, boosting storage capacity on your existing Solar PV system by increasing your storage capacity, or turning your battery into a profit-making revenue stream through ‘Grid Trading’ – now is the perfect time to invest in a battery storage system.
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Other Benefits of Home Battery Storage
Energy Independence
Traditionally, Batteries allow homeowners and businesses to store excess energy generated by solar panels for use at a time at times of lower sunshine to reduce reliance on the grid.
With the recent rise in energy prices, solar and battery storage will future-proofing your exposure to volatile grid costs.
Power Backup
In the event of power outages such as in a storm, a battery system provides a backup source of power, giving peace of mind to the homeowner that your lights will stay on no matter what.
Reducing Carbon Footprint
Let’s not overlook another big winner here, our planet!
By maximising the efficiency of renewable energy, battery systems reduce the dependence on fossil fuels and reduce CO2e.
Interested in Battery Installation?
If you’re interested in learning more about Batteries our ‘6 Watts? of solar storage’ is a great starting point to explore the options on the market and find the right product for you.
Alternatively, you can fill in your details by clicking below and one of our knowledgeable sales consultants will be in touch to help you navigate the battery storage market with 100% impartial advice – we’d be delighted to hear from you!
