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Hammond urged to prevent tax hike on solar

Hammond urged to prevent tax hike on solar


Over 160 organisations have written to chancellor Philip Hammond urging him to halt the proposed rise in business rates for self-consumption solar power. The letter, issued on Monday 5 December, warned that businesses and schools, among others, faced a six to eight-fold tax hike on their solar schemes from next April, and that this risked curtailing future investment in the technology. The letter said the rise would see the most efficient use of solar—consumption at point of generation—“bizarrely” penalised by the tax system. The letter added: “It would be extraordinary if the government penalised businesses and communities for taking positive action [on climate change]. We urge you to stop the solar tax hike.” Signatories included Energy UK, Friends of the Earth, and the Federation of Small Businesses.

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