Zero VAT on renewable products announced by government.

Chancellor Rishi Sunak announced during the Spring Statement 2022 that the government is cutting VAT on installing energy saving materials from the current 5% down to 0% from 1st April 2022, lasting five years.

As we strive towards a more sustainable future, zero VAT for energy-saving measures has emerged as a crucial policy to incentivize and encourage individuals and businesses to adopt greener practices. By removing VAT from energy-saving products such as solar panels, heat pumps and insulation materials, the UK government are lowering the financial barrier for individuals and businesses to invest in energy efficiency. This move to Zero VAT on home energy-saving measures is a positive step to make renewable energy cheaper and more accessible to consumers.

At MPC Energy Ltd, we believe in promoting and encouraging sustainable practices that benefit both the environment and our customers. That is why we warmly welcome the implementation of the Zero VAT notice. By removing the VAT, we hope to motivate individuals and businesses to embrace renewable energy solutions, reduce their carbon footprint, and contribute to a cleaner and greener future for all. Together, let's build a sustainable tomorrow.

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