Installers of Domestic and Commercial Solar Photovoltaic
We are an Accredited MCS installer for Solar Photovoltaic. MSC Number: 1952.
Enhanced Capital Allowance
The ECA Scheme for Energy Saving Technologies encourages businesses to invest in energy saving plant or machinery specified on the Energy Technology List (ETL).
- The ECA scheme allows businesses to write off the whole cost of the equipment against taxable profits in the year of purchase. This can provide a cash flow boost and an incentive to invest in energy saving equipment which normally carries a price premium when compared to less efficient alternatives.
- So if your business pays corporation or income tax at 28%, every £1,000 spent on qualifying equipment would reduce its tax bill in the year of purchase by £280.
- The two major advantages of installing ETL equipment are:-
- Reduced energy bills
- 100% tax relief on the complete installation
The complete installation includes:- Qualifying Airconditioning and Heat Pump Systems.
- Pipework Insulation.
- Electrical Supplies.
- Cost of Design.
- Craneage.
- Commissioning.
Businesses are often tempted to opt for the lowest cost equipment. However, such immediate cost savings can prove to be a false economy. Considering the life cycle cost before investing in equipment can help enhance the cash flow benefits still further.
So the next time you’re thinking about a capital investment in plant or machinery think long term investment and that cheapest is not always cost effective.
The Energy Technology Product List can be found by visiting www.eca.gov.uk/energy or www.carbontrust.co.uk/eca.
