Climate & Environment

Vat rate on solar panels abolished

Eamon Ryan said that it was a step towards cleaner, cheaper, renewable energy

CSO figures show that 36,195 new homes were built with electric heating systems in the past two years, while just 5,648 were built with gas boilers installed

The government is abolishing Vat on solar panels in a move which will reduce the typical cost for homeowners by €1,000.

The 23 per cent VAT rate will be cut to zero following the EU’s decision last year to allow member states to do this to encourage the growth of renewable energy.

It is expected to would lead bring the average cost of a 4.5 kilowatt solar panel installation with around ten panels down from ...