Solar heat on Javid; For live business news visit city desk.
ONE of Britain's largest renewable energy suppliers has warned the Chancellor that raising VAT from five per cent to 20 per cent for families buying solar panels could harm the UK's push for a net zero carbon economy by 2050.
Juliet Davenport, chief executive and founder of Good Energy - which has around 250,000 customers - wrote to Sajid Javid urging him to scrap the rise beginning on October 1. She said: "There are more than one million solar PV installations now in operation across the UK. Their sum capacity totals more than our single biggest power station. We need to ensure that this momentum is not lost."
WARNED Javid is hiking panels VAT
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|Publication:||Daily Record (Glasgow, Scotland)|
|Date:||Sep 11, 2019|
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