Accelerated Capital Allowance Schemes
Accelerated Capital Allowance Schemes have been in place for over a year now for investment in energy efficient equipment. Following the recent budget, the ACA scheme has been expanded to include three additional capital equipment categories. These are as follows:
- Refrigeration and cooling systems
- Electro-mechanical systems
- Catering and hospitality equipment.
The scheme provides an excellent opportunity for businesses that are interested in energy efficiency projects to improve the payback to the organisation of such projects.
Our experience has shown that refrigeration and cooling systems frequently provide good opportunities for reduced energy costs based on better control and more efficient equipment. The ACA expansion will improve the business case for such projects.