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solar and business rates?
Posted: Fri Feb 10, 2023 10:19 pm
by knighty
does anyone know anything about solar and business rates?
googling is returning conflicting information :-(
I wasn't to cover my factory with solar once the new roof goes on in summer.... googled at first because I also have a yard with 6 containers in it (no roof) and would like to add solar to that, but don't want to be hit with business rates
now I've found just adding solar panels will add business rates?
I'm a bit lost
Re: solar and business rates?
Posted: Sat Feb 11, 2023 8:18 am
by AGT
https://solarenergyuk.org/wp-content/up ... d-FAQs.pdf
I have about 30 kW over 3 buildings at work not sure about the RV as I’m not in the finance team, so just add the panels where we can, but the benefit of using the generation is bound to outway the RV
Plus how often are the properties checked for these purposes?
Re: solar and business rates?
Posted: Sat Feb 11, 2023 10:59 am
by nowty
I think you are OK.
https://assets.publishing.service.gov.u ... eturns.pdf
Business rates: bringing forward implementation of green reliefs by one year
At Autumn Budget 2021, the Government announced two new measures to support
green investment and the decarbonisation of buildings, to apply from April 2023. The
first measure was an exemption for eligible plant and machinery used in onsite
renewable energy generation and storage. Plant and machinery such as rooftop
solar panels, wind turbines, and battery storage will be exempt along with storage
used with electric vehicle storage points. The second measure was a 100% relief for
eligible low-carbon heat networks which have their own rates bill.
At the Spring Statement on 23 March, the Chancellor announced that the
Government would bring forward this investment in energy efficiency and clean heat
to support the security of energy supply. These measures will therefore come into
effect one year earlier than previously planned and be implemented from April 2022.
The green plant and machinery exemption will take effect once the regulations have
come into force, which will be as soon as possible after 1 April 2022. The VOA will
work to implement this exemption over the coming months, and it will be backdated
to the date the regulations came into force.