Your shout - Enhanced Capital Allowances for energy plant

The Energy Technology List (ETL) is a Government backed energy efficiency scheme that encourages businesses to procure energy saving or energy efficient plant and machinery, including some renewables.  The DECC Call for Evidence below sought views on the content and usefulness of the ETL list, which supports tax incentives on purchase of energy plant in the form of Enhanced Capital  Allowances.

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The ETL comprises mostly energy-efficient equipment, together with selected renewable energy technologies like solar thermal heating, biomass boilers and heat pumps.  The NFU would welcome the revision of the ETL as part of an energy policy shift towards non-tariff based financial incentives for investment in low-carbon renewable energy technologies, especially given the ongoing reduction in Feed-In Tariffs and RHI for many small-medium scale renewables technologies.

This consultation closed on Friday 29th January.  Read the DECC consultation document here (opens in a new window).  NFU members can download and read our consultation response here.