Government Slashes VAT on Batteries to 0%
Are you considering adding a battery storage system to your home? If you’re wondering if it’s worth it, then the short answer is a huge yes, and with the Government introducing 0% VAT on Battery installs from 1st February 2024, there’s never been a better time to do so. In this blog post, we'll walk you through the key benefits of pairing a battery storage pack with your solar panels.
What is battery storage?
Battery Energy Storage Systems (BESS) - or just battery storage - are systems that allow you to store renewable energy you’ve generated to use at a later date. But even without solar, you can charge your battery overnight with cheaper rates to then use the next day.
No more VAT on Batteries
Thanks to the UK Government, you’ll be able to embrace the benefits of renewable energy solutions with 0% VAT. This will kick in from 1 February and will enable households up and down the country to take control of their bills and take a step towards energy independence.
Built for the future
Our So Battery is a fully-integrated AC battery system designed specifically for residential use. It comes in two capacities, 5kWh and 10kWh, and can be installed indoors or outdoors. As a British product, it features the safest and highest-performing lithium iron phosphate battery cells, providing peace of mind with no risk of overheating or fire. Plus, we offer a generous 10-year warranty so you can enjoy long-lasting energy storage for your home. With the So Battery, you can even rely on its power during a blackout, ensuring your home stays lit. Our Battery Energy Management App gives you complete control over your system on a time-based schedule.
Let's explore the benefits of utilising a battery storage system alongside your solar panels:
Benefits of battery storage
1. Save on your bills with energy independence
With a battery storage system, you can achieve energy self-sufficiency without relying solely on the grid. While solar panels alone can generate up to 70% of your electricity using sunlight, a battery storage system maximises the use of this generated energy. You can capture and store excess energy produced, allowing you to use it in the morning or evenings, or even at night when the sun isn’t shining. By using your own stored energy, you can reduce your dependence on the grid and potentially save money on your energy bills.
2. Sell the energy you generate back to the grid
With just solar panels you can export your energy back to the grid. But with a battery storage system, you have the opportunity to store your energy to use it for later, or sell it back to the grid when demand is higher. Having a battery in your home means you have more control over what you do with your energy.
We're excited to offer our Smart Export Guarantee (SEG), an Export Tariff that rewards Home Solar customers for contributing their home-generated energy back to the grid. Even if So Energy isn't your current gas or electricity supplier, if you have a solar panel system installed and hold an MCS certificate, you can request to be part of our SEG program.
3. Contribute to a lower carbon future
By investing in a battery storage system, you can maximise the use of the renewable energy you generate. By doing so you reduce your reliance on the grid, meaning you lower your carbon footprint by fully utilising the energy you’ve generated. Plus, they require little to no maintenance once installed in your home.
Investing in a solar battery storage system not only brings you energy self-sufficiency and potential savings, but it also allows you to be part of the solution in transitioning to cleaner, greener energy sources.
So, why wait? Take advantage of 0% VAT on your battery installation and request a quote for our So Battery today. Join homeowners who are enjoying the benefits of solar panels and battery storage while helping to create a sustainable future and savings on their bills.
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