Energy: Storage

(asked on 12th March 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what representations he has received on the levels of business rates levied on properties used for onsite battery storage; and what assessment he has made of the effect of those levels of business rates on the battery storage sector.


Answered by
 Portrait
Claire Perry
This question was answered on 15th March 2018

The Valuation Office Agency, an agency of HM Revenue and Customs, is responsible for assessing the rateable value of onsite battery storage. The Agency is currently speaking to the storage industry to understand how to value energy storage facilities for business rates purposes. The Agency has also requested information from industry on completed and planned battery storage schemes to assist with this work.

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