Zero VAT on Battery Storage in Scotland!

Power Up Your Savings: Zero VAT on Battery Storage in Scotland!

Key Takeaways:

• Good news for green energy enthusiasts! As of February 1, 2024, both retrofit and standalone battery storage systems are exempt from 20% VAT in the UK.
• This means significantly lower upfront costs for storing your solar energy and increasing your home's energy independence and resilience.
• Ready to join the battery revolution? Read on to understand the benefits, qualifying scenarios, and next steps for taking advantage of this exciting policy change.

So, you're wondering: does this apply to me?

The answer is yes! Whether you already have solar panels or are considering making the switch, you can benefit from this VAT exemption.

Here's how:

• If you have existing solar panels: Adding battery storage allows you to capture and store excess energy generated during the day, reducing your reliance on the grid, and potentially lowering your electricity bills. With the VAT exemption, the cost to add this valuable functionality just became much more attractive.
• If you're considering going solar: This policy change makes solar panels even more enticing. Battery storage lets you maximise the benefits of your investment by storing clean energy for use when you need it most, even after the sun sets.

Beyond cost savings, the benefits of battery storage are numerous:

• Increased energy independence: Reduce your reliance on the grid and weather fluctuations, especially during power outages.
• Enhanced sustainability: Store and utilise your own clean, renewable energy, minimising your carbon footprint.
• Peace of mind: Knowing you have backup power gives you greater control and security over your energy needs.

Ready to take the next step? Here's what you can do:

• Stay informed: Keep an eye out for updates and details from the government regarding the implementation of this policy.
• Consult a qualified solar installer: Discuss your specific needs with Smart Group Scotland today and explore options for retrofitting or installing battery storage systems.
• Research funding options: Take advantage of government grants and incentives to further offset the cost of your investment.

With the VAT exemption for battery storage, becoming a smarter energy consumer is easier than ever. It's time to invest in a more sustainable future, one powered by your own clean energy and the confidence of self-reliance.