Tax Benefits – ECA

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Businesses can obtain significant tax benefits on the entire cost of the installed Greenheat Geothermal solution.

Under the ECA scheme, you can claim an ‘enhanced’ 100% capital allowance on qualifying investments in equipment in the first tax year. Normal capital allowances on plant and machinery are 25% a year on a reducing balance basis. So the scheme boosts cash flow and shortens the payback period.

In short the ECA Tax Benefits equate to approximately a 28% cashflow discount on the installed cost of a qualifying energy efficiency project.

Please speak to Greenheat to understand more about the ECA Tax Benefits.

Visit the Carbon Trust ECA website.