The solar industry has expressed disbelief that the Treasury is about to impose a swingeing business tax on firms with rooftop schemes [Image: Getty].

The Government has been accused of trying to kill off Britain’s solar energy industry just as it is about to become one of the cheapest suppliers of electricity – with no need for any kind of state subsidy.

The Treasury is about to impose a swingeing business tax on firms with rooftop solar schemes, which could increase the bill by up to eight times. Domestic installations could also be hit by a VAT increase from five to 20 per cent.

And large-scale solar has been excluded from Government auctions of contracts to supply electricity to the grid for the lowest guaranteed price, effectively a form of state subsidy.

Source: Government accused of trying to kill off UK solar industry before it can become cheapest form of electricity

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