The UK Government has recently announced a significant reduction in VAT on battery storage systems, bringing it down to 0%. This move, which is set to be implemented from the 1st of February 2024, will potentially save customers thousands of pounds.
The announcement comes at a time when the UK is actively pursuing sustainable and clean energy solutions to combat climate change. The reduction in VAT aims to incentivise the adoption of battery storage systems, a critical component of modern renewable energy infrastructure.
The move makes battery storage systems more accessible and affordable to consumers who are looking to invest in sustainable energy solutions for their business or home.
Reducing the financial barriers associated with VAT on battery storage systems aligns with Norcroft Energy’s commitment to providing cost-effective and eco-friendly energy solutions.
The UK Government’s decision to slash VAT on battery storage systems to 0% marks a pivotal moment for the renewable energy sector. As the world moves towards a greener future. At Norcroft Energy we’re ready to support our customers with more accessible and affordable renewable energy options due to this latest announcement.