ECA
In order to encourage firms to make energy saving investments, in 2001 the Government introduced a tax incentive scheme called the Enhanced Capital Allowance (ECA). Under this scheme, expenditure on technologies and products featured on the "Energy Technology List" can qualify for 100% first year tax allowances, giving businesses a significant cash flow boost.
The Energy Technology List can be accessed at www.eca.gov.uk/etl. Products must be individually listed here to qualify for ECA.
There are many categories of technologies on the Energy Technology List. Daikin are concerned mainly with:
| Main Category | Sub-Category | Daikin range |
| Heat Pumps | Air source: Split and Multi-Split | Split, Sky air, VRV |
| Water source: Split and Multi-Split | VRV-W | |
| Refrigeration Equipment | Packaged Chillers | Applied Systems |
| Air to Air Energy Recovery | Heat Exchangers |
There are different qualifying criteria set for each category. For example, in the Heat Pump category, systems must meet Energy Label “B” in both cooling and heating to qualify.
These stringent criteria ensure that technologies qualifying for an ECA are energy efficient and thus lead to significant long-term financial benefits in addition to the tax rebate. Businesses can benefit by investing in energy efficient technologies that reduce their energy costs and climate change impact.
For further details please download our datasheet. [265.53 Kb] To see which units are included on the Energy Technology List go to www.eca.gov.uk/etl
