Government Announces Import Duty and VAT Exemptions on Solar Panels, Batteries

Finance Minister Hon. Cassiel Ato Forson has announced plans by the government to waive import duties and Value Added Tax (VAT) on solar panels and batteries to make renewable energy systems more affordable.

Presenting the 2027 Budget Statement and Economic Policy to Parliament, he explained that the proposed tax exemptions are intended to lower the cost of adopting renewable energy and encourage households and businesses to invest in solar power.

He said the initiative would improve access to solar energy systems for various sectors, including traders, farmers, schools, healthcare facilities and industries.

The Minister urged households, farmers and businesses to take advantage of the incentives, highlighting Ghana’s abundant sunshine as an opportunity to meet domestic energy needs and support agricultural production, industrial operations and transportation.

He noted that the measures form part of the government’s broader strategy to promote renewable energy, reduce reliance on conventional electricity sources and strengthen productive economic activities.