Enhanced Capital Allowance Scheme
& the Energy Technology List
Our ATLAS
& MicroATLAS Automatic Energy Monitoring Systems
and the Profile Portable Energy Recorder
qualify for the Enhanced Capital Allowance scheme.
The scheme allows businesses to claim 100% first-year
capital allowances on their spending on these systems.
This enables you to write off the whole cost of your
investment against your taxable profits of the period
during which you make the investment.
For
more information on the ECA scheme or the Energy
Technology List visit www.eca.gov.uk/etl/homepage.asp or download the
following leaflets.
Enhanced Capital Allowance Fact
Sheet (57K)
ECA Enduser Leaflet (779K)
Also available from the Carbon
Trust are Energy-Efficiency Loans.
Available to small and medium sized enterprises in
England and Wales, these provide an interest free,
unsecured loan of between £5000 & £100,000 to fund
energy efficiency projects.
See www.carbontrust.co.uk/energy for more details.
Climate Change Levy
The Climate
Change Levy is affecting most businesses in that this
surcharge on energy use is increasing operating costs.
The rates* applied from 1st April 2008 were
- 0.456
pence per kWh of electricity
- 0.159
pence per kWh of gas
- 1.018
pence per kg of LPG
- 1.242
pence per kg of coal, coke etc
To offset this
increase in the cost of energy, reductions in National
Insurance contributions are to take place. The actual
resulting affect will vary with each company and on how
their manufacturing cost base depends on energy use.
Large energy users, with low manning levels, may well
find the 0.3% reduction in NI contributions does not
counter the increase in energy costs.
Even if you are
fortunate to be in a 'trade' Association that has
negotiated an agreement for a reduction in this levy, are
you ready to confirm that you have taken the necessary
action to reduce energy use?
Use one of the ATLAS Energy
Monitoring system
range or a Profile portable energy recorder to provide
the evidence required.
Furthermore the
use of one of these systems will also provide you with
the ability to cut back on waste and misuse of resources
with further improvements in profitability resulting.
The
New Electricity Trading
Arrangement
Are you a
producer of electricity and able to sell it on? The New
Electricity Trading Arrangements are
intended to provide for freely negotiated contracts for
those wishing to buy and sell electricity.
Will you be
ready to take advantage of NETA and adjust your
manufacturing operation to reduce your own energy costs?
How will you determine the optimum time to manufacture,
to buy or to sell electricity to maximise your profits?
How will you confirm the success of your efforts?
With the use of
a specially enhanced ATLAS system with special modelling
capabilities you can benefit from NETA.
*as at time of
preparation
|
