ECA (Enhanced Capital Allowance) Scheme

The UK government is continuing to incentivise businesses, through the ECA (Enhanced Capital Allowance) Scheme, to invest in more efficient energy solutions – and in so doing contribute towards our UK-wide environmental targets.

The incentive is in the form of tax relief, allowing the full 100% investment costs to be written off against taxable profit in the year the investment is made, with the ECA claimed through a business’s income or corporation tax return in the same way as any other capital allowance. HM Revenue and Customs is responsible for the tax-related aspects of the ECA scheme.

The Energy Technology List (ETL)

The government operates a comprehensive list of all products which qualify for the ECA, called the Energy Technology List (ETL) – these products will either meet or exceed the energy efficiency standards. The ETL is managed by the Carbon Trust on behalf of the Department for Business Energy and Industrial Strategy (BEIS).

Everkool and the ECA Scheme

We are delighted that our manufacturer partners Daikin and Mitsubishi, both with whom we are approved partner installers, have numerous product ranges on the ETL which enable us to meet the needs of any Client – small, medium or large.

   

During our project planning with our Clients, we always look at the ECA Scheme, discussing its suitability to help reduce the overall investment cost in the new air conditioning, ventilation and refrigeration equipment we source, supply and install.

For further information or a detailed discussion of the ECA Scheme please call Craig Greenwood on 0151 207 4271.

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