L R AS Published on Sunday 4 February 2024 - n° 474 - Categories:various PVs

Abolition of VAT on batteries in the UK, AAE in the USA in 2023

In brief from abroad: abolition of VAT on batteries in the UK, successful PV sales in Germany, AAE in the USA in 2023

The UK government has exempted battery energy storage systems (BESS) from 20% value added tax (VAT) from1 February.

https://www.pv-magazine.com/2024/02/01/uk-vat-relief-on-residential-batteries-comes-into-effect/

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The price of energy purchase contracts has risen by 15% in 2023 in the United States, according to LevelTen Energy

https://www.pv-magazine.com/2024/01/31/solar-power-purchase-agreement-prices-rise-15-year-over-year-in-u-s/

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