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Samples in periodicals archive:
Energy saving materials could be covered by this provision if the conditions are met i.
The building, which anticipates LEED Gold certification, utilizes highperformance healthy building systems and energy saving materials.
But as the first energy crisis wore on, and dwindling natural resources became a reality, rising demand for these energy saving materials drove down the costs leading to major changes in the building industry.
The reduced rate of five per cent is levied on domestic fuel and power, the installation of energy saving materials and on residential conversions and alterations.
There's going to be a proliferation of rules and regulations which will be confusing to both manufacturers and end-users of energy saving materials and coatings," said an official at one construction materials association.
The selection of cost-efficient, energy saving materials throughout was imperative to the ownership, as it is for many business owners today.
Rather than being charged the full VAT rate of 20%, the VAT rate applicable on energy saving materials is just 5%, so the savings can be substantial, particularly if you're opting to purchase and install a renewable technology such as a ground source heat pump.
The characteristic is welcomed in the building and construction industry in which the demand for energy saving materials is increasing.