Solar Industry Objects To Paying Rates

via NOT A LOT OF PEOPLE KNOW THAThttps://notalotofpeopleknowthat.wordpress.com

By Paul Homewood

The solar industry is whingeing about rates increases due in April. This follows the latest business rates revaluation.

The whole system of business rates is highly controversial since it taxes businesses effectively on the value of their property rather than profits or turnover.

The last revaluation was pegged to 2008 values, when solar panels were still in their infancy. As a result, rate valuations either ignored or grossly undervalued the cost of panels.

Unfortunately the Valuation Office Agency has now caught up with matters, and wants to properly reflect the value of solar systems.

While this does not apply to private dwellings, it simply puts businesses on to a level playing field with other electricity generators.

Without a sense of shame, while claiming that solar power will soon become the cheapest form of generation, the Solar Trade Association say that the changes will make it uneconomic to install solar!