Government wants to assist households and businesses in rolling out more rooftop solar PV to address the energy crisis.Details of how a tax incentive for rooftop solar installations is yet to emerge, but tax experts reckon a zero-rated VAT on solar may be an option.
Last week, at the State of the Nation Address, President Cyril Ramaphosa reaffirmed government's plan to encourage more households and businesses to roll out rooftop solar PV installations. Ramaphosa said that Finance Minister Enoch Godongwana would unpack how incentives for solar PV installations would work at this year's budget – which is roughly two weeks away.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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