0191 500 1154
If solar storage battery systems have piqued your interest for a while, then there has never been a better time to invest in an upgrade for your system.
As of February 2024, the UK government has implemented a 0% VAT (down from the original 20% VAT) policy for battery storage systems. This policy benefits companies and individual customers who are looking to add battery storage to an existing system.
The passing of 0% VAT on storage battery systems is a massive step toward the UK’s goal of net zero carbon emissions by 2050. This reduction of VAT is expected to boost consumer engagement and accelerate the growth of the clean energy market, creating a greener world one step at a time. With the reduction of VAT and therefore the reduction of costs, moving to battery storage green energy has never been easier (and cheaper).
What is Solar Battery Storage
While solar panels produce clean energy throughout sunny days, they present an issue at night-time, where needed energy must come from the national grid. This expense proves to be very costly and counteracts the money saved by installing solar panels. Battery storage combats this unfortunate flaw.
Solar batteries are units added to solar panels that collect the energy produced during the sunny times of the day so that energy can be used when the solar panels stop generating energy. These batteries hold the energy until needed, creating a longer-lasting source of clean energy, and fighting against the carbon footprint of other sources of energy. Battery storage systems are the next step toward a net zero future, as they enhance the abilities of solar panels themselves.
Perks of a Storage Battery
- No energy wasted: The amount of energy produced by solar panels in one day is unlikely to be completely used by the building. The addition of battery storage to solar panels allows the energy that would have been discarded to be stored and used during the night or on drearier days.
- Reducing Your Bills: Not only does turning to solar energy reduce the costs of your electric bill from fossil fuel prices, but the addition of battery storage also means solar energy lasts longer, meaning your money goes further. The 0% VAT on battery storage systems only adds to the appeal of a lower cost.
- Going Green: The addition of solar energy panels reduces your carbon footprint due to the significantly reduced release of carbon dioxide and other harmful gases into the atmosphere compared to other energy systems.
- Energy freedom: The addition of battery storage systems means the reliance on fossil-fuelled energy systems decreases significantly, as energy can be sourced from the panels even during night-time.
Conclusion
Solar energy is the clean energy of the future. With the implementation of 0% VAT on storage battery systems, the Northeast is striving toward a cleaner, greener future. Whether you’ve briefly thought about battery storage or have been contemplating the addition for years, 0% VAT means being able to use clean energy, for longer, for less. Want to know more? We’re always available for a chat on 0191 500 1154.