Printer Friendly

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

COPYRIGHT 2019 Scottish Daily Record & Sunday
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Daily Record (Glasgow, Scotland)
Geographic Code:4EUUK
Date:Sep 11, 2019
Previous Article:CHOICE.
Next Article:UK work boom is on the wane; For live business news visit city desk. Vacancies fall by 23,000 as Brexit looms.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters