Agency warns on danger of new tax

The Kenyan energy sector regulator has conceded a proposal to impose VAT on solar and renewable energy generation equipment could undermine the country’s universal electrification goal. The government has in the past underscored the importance of off-grid solar installations in reaching the goal of universal energy access for Kenyans by 2022.

Energy and Petroleum Regulatory Authority (Epra) Director General Pavel Oimeke said the imposition of VAT on the said equipment as proposed in the Finance Bill, 2020 will increase the cost of carrying out power projects from renewable energy sources.

Read more: The Standard

 


 

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