News
Latest Redmile and Industry Updates
No VAT for Battery Storage
December 2024
Effective from 1st February 2024, theGovernment has scrapped VAT on all domestic battery storage systems.
Thisis great news for homeowners. So whether you are adding battery storage to an existing PV system, or just having battery storage alone, or even simply adding battery capacity to an existing battery storage system, there will be no VAT topay! Solar Energy UK (SE UK) claim a victory for their ‘long standing advocacy efforts’ with their campaign to remove VAT from retrofitted domestic battery energy storage systems (BESS).The Association for Renewable Energy & Clean Technology (REA) have also been on the case and are pleased that battery storage is ‘finally’ aligned with other energy saving materials
World shift to clean energy is unstoppable
"It's not a question of 'if', it's just a matter of 'how soon' - and the sooner the better for all of us," said International Energy Agency (IEA) Executive Director Fatih Birol.
SEG tariffs under review
With power prices in Britain remaining high, Octopus Energy recently increased its smart export guarantee (SEG) tariff to 7.5p/kWh, topping the tariffs on offer.
Cut to VAT on residential solar in Spring Statement
VAT on residential solar panels has been cut to zero in the Spring Statement unveiled by Chancellor Rishi Sunak.
Turning point for planet-friendly energy
The world will likely use fewer fossil fuels to produce electricity this year in a “turning point” for planet-friendly energy, a new report says.
