Renewable Energy Business Rates

Ros Jackson, Labour candidate for Louth South has been preparing for the budget-setting meeting of East Lindsey District Council. Some lines on renewables caught her eye: the figures for business rates, and especially for the rates the council gets for renewable energy.

“A few years ago these figures barely registered; now, we are set to get £5.4 million next year. And those figures are likely to rise.

“The figures of £5.5m for 2026/27, and £5.6m the year after that, account for inflation, but not for any extra from renewables that haven’t yet been built.

“For comparison, the council will raise about £8.2 million for its share of council tax next year.

“This money will go to support the council budget in future, so it can provide the services you need.”

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