Urgent Notice: Impending VAT Increase – Act Now for Solar Power!

  • Home
  • Blog
  • Urgent Notice: Impending VAT Increase – Act Now for Solar Power!

Dear Valued Customer,

As part of our commitment to keeping you informed about crucial developments that impact your energy choices, we have an urgent announcement regarding the impending VAT increase in Sri Lanka.

Effective January 2024, the VAT rate is scheduled to rise from 15% to 18%. This change is anticipated to cause a significant escalation in the prices of various products across the board. Notably, this increase will impact the cost of Solar systems, leading to a rise in prices from the onset of the new year.

The government has additionally declared that certain VAT-exempted items, possibly including Solar materials, will now be subjected to this tax. This policy adjustment will inevitably result in a sharp increase in the overall cost of Solar systems.

In light of these imminent changes, we strongly advise you to expedite your decision to transition to Solar power without delay. Taking action now will allow you to secure the current prices and avoid the substantial price hike that looms on the horizon.

Our team is dedicated to assisting you in making this transition as seamless as possible. We are here to address any queries, provide guidance, and ensure a smooth process in embracing Solar energy before the VAT increase takes effect.

Please do not hesitate to reach out to us for further information or to initiate the process of adopting Solar power for your energy needs. Act swiftly to take advantage of the current pricing and avoid the forthcoming price surge.

Thank you for your continued trust and partnership with us as we navigate through these changes together for a more sustainable energy future.

Posted in: Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Have a Question?
Let Us Call You
Have some questions!
Simply enter your details, specify a convenient time and date and we will call you back for a free no obligation consultation.
Your personal information will be kept strictly confidential and will not be sold, reused, rented, loaned or otherwise disclosed.