New Tax Break for Solar Panels

Home Improvement

With the soaring cost of energy bills, which look to continue to rise, more households than ever are looking to make the switch to solar energy. As the government drives the country towards its ambitions to meet net-zero carbon emissions, a host of help is available with system and installation costs.

Solar panels use the energy from the sun to generate electricity, making it one of the most popular and well-known renewable energy sources.

Tax Benefits

Households could look to save 20% off the total cost of an installation with 0% VAT relief on solar panels, batteries and installations. This is a massive discount off the cost of initially setting up your system, which has long been a barrier for many households. There are substantial saving to be made.

Homes and businesses can also benefit from the Smart Export Guarantee, which gives those with the addition of battery storage the opportunity to sell back excess energy to the grid.

ECO4 schemes also assist with funding for solar energy installations when households have low incomes or are vulnerable.

Solar Panel Installation

With a wealth of tax incentives and grant schemes available, there is no better time to make the switch to solar energy.

Specialists in solar panel installation Yate and the surrounding areas, such as https://redbridgeandsons.co.uk/solar-pv-panels/solar-panel-installation-yate/, can assist with all your solar energy needs, from design to installation and aftercare.

A specialist is able to talk you through a quotation, providing you with the most reasonable and cost-effective solar energy solution for your needs.

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