‘We welcome the Chancellor’s announcement in today’s Spring Statement that VAT will be cut to zero for energy-saving devices such as solar panels, heat pumps and insulation. It is vital that the Government does everything it can to encourage homeowners to invest in transforming the way their homes are powered and heated.
While this policy is encouraging, there is still much more to do if the UK is to meet its net-zero ambitions. The opportunity from investing in green technologies also lies with the housebuilding industry, as well as with individuals. The ABC looks forward to the Government’s promised energy strategy in the hope that it will include the transformative policies needed to facilitate the mass transition to carbon-neutral construction – giving people the smart, flexible energy positive homes and buildings we will all need to have in good time to meet net zero before 2050.’