CLEAN ENERGY

OGUTU OKUDO: Kenya inches closer to universal electrification

In Summary
  • The imposed 14 per cent VAT in 2020 on solar products resulted in job losses in the thousands
  • Price reductions as a result of the VAT exemptions are expected to further increase access to solar and renewable energy products

The recent VAT exemptions reinstated by the Finance Act, 2021 on solar and wind generation equipment comes at a paramount time. The negative effects of the tax on solar products last year included a ...

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