Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of business rates on the level of investment by companies in (a) energy-efficient buildings and (b) renewable technologies.

The Government is determined to remove barriers to investment to support our businesses to succeed, our high streets to thrive, and our economy to grow.

Business rates support is available for green technology to facilitate the decarbonisation of buildings. Eligible plant and machinery used in onsite renewable energy generation and storage, including onsite storage used at electric vehicle charging points, as well as rooftop solar panels, wind turbines, and battery storage, are exempt from business rates from 1 April 2022 until 31 March 2035. A 100 per cent relief for eligible low-carbon heat networks which have their own rates bill is also available.