Guide

Business rates relief

Last updated: 15 May 2017

Renewable energy generation relief

You may be able to get up to 100% off your business rates if your scheme has arrangements in place that entitle one or more community organisations to:

  • at least 15% of the annual profit, or
  • so much of the annual profit as is attributable to 1 megawatt of the total installed capacity of the project (or more)

To be eligible your scheme has to produce heat or power from any of the following sources:

  • biomass
  • biofuels
  • fuel cells
  • photovoltaics
  • water (including waves and tides, but excluding production from the pumped storage of water)
  • wind
  • solar power
  • geothermal sources

The generation activity should take place at the eligible property itself.

What you get

This depends on the rateable value (RV) of your property.

If you have more than one business property, the rateable values are combined.

  • RV up to £145,000 - 100% relief
  • RV £145,001 to £430,000 - 50% relief
  • RV £430,001 to £860,000 - 25% relief
  • RV £860,001 to £4 million - 10% relief
  • RV more than £4 million - 2.5% relief

New build property

You may be eligible to receive relief for any new build renewable generation property that is built between 1 April 2016 and 31 March 2017. The property may be eligible to receive 10 % rates relief if it has a rateable value up to £500,000 and 1.5% rates relief if above that figure.

Contact your local council to see if you're eligible.

Business rates relief
Renewable energy generation relief