Wales offers 100% rates relief for community hydro

Community hydro projects with a value of up to £50,000 will receive 100% rates relief in Wales. The new grant scheme, which will start in April, will also cap the increase in business rates for other small-scale developments to 10% or £1,000 where there was no previous liability. It will be application-based and hydro projects […]

Scotland caps business rate increases for renewables

The Scottish Government has announced a package of reliefs for renewable energy. It includes a 12.5% cap on business rate increases for small-scale hydropower projects – up to 1MW – and a new 50% relief for district heating schemes. It is also rolling forward current rates relief of up to 100% for qualifying community renewable […]

Government tempts local councils with shale gas cash

Local councils will be able to keep all of the cash they collect from fracking companies under new government plans to keep them sweet for shale gas. Today the Prime Minister will announce councils can keep 100% of business rates from shale gas sites, double the current 50% figure. The Government will fund the move […]

Scottish Government saves renewables £4m in 2011

The Scottish Government has made it easier for companies investing in renewables by reducing business rates the industry would normally have to pay. Figures show that the relief scheme for renewable energy generators has saved the industry £4 million this year. The scheme offers discounts on what business pay on their properties of up to […]