Christian Matheson
Main Page: Christian Matheson (Independent - City of Chester)Department Debates - View all Christian Matheson's debates with the HM Treasury
(7 years, 4 months ago)
Commons ChamberWell, that was a first in this place, certainly during my time in the Chair: I have never known a ministerial swap to take place mid-answer. I assume that it was inadvertent; the Exchequer Secretary to the Treasury is nothing if not immaculate in his parliamentary manners. I put it down to error. But I hope that the Ministers know their own identities. I would be worried for them if they did not.
10. What fiscal steps his Department is taking to incentivise businesses to invest in rooftop solar.
Immaculate parliamentary manners, but not immaculate parliamentary procedure—sorry about that, Mr Speaker; I thought we had moved on from that question.
Solar is a UK success story. In 2013, solar capacity was expected to reach between 10 and 12 GW by 2020; we now expect Government support to bring forward about 13 GW by then. Feed-in tariffs provide an incentive for businesses to invest in rooftop solar.
The sun might be going down on the Chancellor’s time at No.11, but it remains an important source of energy and income for 44,000 microgenerators, including schools and hospitals. But since April they have seen their business rates increase by up to 800%, in some cases. Some major deployers of the technology are now pulling out of the rooftop market. Will the Government reassess the business rate levy paid on rooftop solar, so that we can give real growth to this important environmental sector?
The Government are continuing to support the take-up of solar panels through business rates by maintaining the exemption for new installations of solar power generating less than 50 kilowatts of power; of course, we also have all the transitional relief schemes and the cut in business rates announced in the Budget last year, which cost nearly £9 billion. The Government have listened to the voice from solar. We are keen to see progress on solar, and these schemes will help that.