Spring Statement
/ April 1, 2022
How the energy market must respond to 1 April energy hike
The energy price cap will increase for tens of millions of British people on 1 April, hiking customer bills by up to £700 per year, a number which may increase again in October. Pilgrim Beart – DevicePilot CEO – believes that the next six months are momentous, and this is the best chance the UK […]
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/ March 28, 2022
Good news on VAT cut for heat pumps, but frustration on Boiler Upgrade Scheme
Chancellor of the Exchequer Rishi Sunak announced that VAT on energy-saving technology like Solar and Heat Pumps will be reduced from 5% to 0%. Mark Wilkins, Technologies and Training Director at Vaillant, gives his view: Following the Chancellor’s spring statement this week Vaillant welcomes the VAT cut on heat pumps and looks forward to understanding […]
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