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Business rates liabilities are based on the rateable value and the non-domestic rating multiplier set by the Government.<\/p>

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The Valuation Office Agency (VOA) determines the rateable value of the property using three broad methods: a rentals basis; receipts and expenditure (R&E); and a contractor\u2019s basis, that is to say, a building's replacement costs. Rating case law requires that a hierarchy of use is adopted, in the order shown above; i.e. only when a rentals basis is not possible should the valuer adopt R&E, with the contractor\u2019s basis being the method of last resort.<\/p>

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Solar panels are valued using either the R&E method or the contractor\u2019s basis, depending on the circumstances.<\/p>

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Good quality CHP is partially-exempt from rating. The rateable parts are valued using either the R&E method or the contractor\u2019s basis, depending on the circumstances.<\/p>

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In addition, if the solar panels or good quality CHP is a qualifying microgeneration (below 50kW) installation there is a temporary exemption from rating which means new schemes aren't assessed until the next revaluation takes place.\u200e<\/p>

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Battery storage technologies are valued using the contractor's basis.<\/p>

<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3935", "label" : {"_value" : "Biography information for Mel Stride"} } , "answeringMemberConstituency" : {"_value" : "Central Devon"} , "answeringMemberPrinted" : {"_value" : "Mel Stride"} , "dateOfAnswer" : {"_value" : "2017-12-01", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "116094"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-12-01T14:09:03.967Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "CaTreasury"} , "date" : {"_value" : "2017-11-28", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy: Non-domestic Rates"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, how battery storage technologies installed in commercial premises are assessed for business rates.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4062", "label" : {"_value" : "Biography information for Lord Goldsmith of Richmond Park"} } , "tablingMemberConstituency" : {"_value" : "Richmond Park"} , "tablingMemberPrinted" : [{"_value" : "Zac Goldsmith"} ], "uin" : "116096"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }