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Renewable Energy: Business Rates

Asked by Jenny Riddell-CarpenterLabourTreasuryTabled Answered 24 February 2025UIN 31251

The question

To ask the Chancellor of the Exchequer, whether business rates apply to onshore converter stations that connect offshore energy to the National Grid.

Answered by James Murray

The Valuation Office Agency assesses onshore converter stations and the cables which transmit the power for non-domestic rating purposes. The cables are rateable between low water mark and the point the cable connects with the National Grid transmission system.

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