Energy Grants & Funding
Benefit from the Annual Investment Allowance and Green Loans for your energy efficiency projects
Energy Efficiency as a Service (EEaaS)
Energy Efficiency as a Service is a fully funded, shared savings energy reduction programme – with No CapEx, Risk or Lease.
SMARTech energy have found that one of the major barriers to an organisation reducing their energy consumption is the lack of investment capital.
That’s why we’ve launched Energy Efficiency as a Service (EEaaS). It’s the fully funded, shared savings approach to implementing energy efficient technologies and solutions into your business or organisation.
The financial benefits include a quick return on investment without any upfront costs, risk or lease.
Using a diverse portfolio of more than 33 energy saving technologies, SMARTech energy maintains ownership of the technologies, designs the project, funds the materials and installation costs and monitors the performance to validate the energy savings. The energy savings are then split approximately 33% and 67% between the client and SMARTech energy respectively.
For more information on EEaaS, please contact our energy consultancy team on 01225 635 660 or complete the contact us form www.SMARTech-energy.co.uk
Annual investment allowance
The Annual Investment Allowance is a way to claim tax relief on many assets that your business will buy.
A £1 million tax break to stimulate investment in UK manufacturing, to support business confidence, is to be extended, HM Treasury has announced.
Businesses, including manufacturing firms, can continue to claim up to £1 million in same-year tax relief through the Annual Investment Allowance (AIA) for capital investments in plant and machinery assets until 1 January 2022. The extension of the temporary £1 million cap was originally due to revert to £200,000 on 1 January 2021.
If your business buys a piece of equipment that qualifies for the annual investment allowance, you can deduct 100% of the cost of that asset from your business’s profit before you work out how much tax is due on that profit.
Investment in certain green technologies is eligible for enhanced capital allowances (ECA). These are in addition to the £1,000,000 allowance and, like the AIA, would be eligible for 100 per cent tax relief in the first year. (Terms & conditions apply).
SMARTech Energy Consultancy can help you to access flexible financing initiatives for your energy efficiency projects.
Let SMARTech Power Management define and design the right solution for you
Talk to us to see how we could help you save money
Contact us today to book your free energy consultation
We would be delighted to discuss how we can be of assistance.
If you have a question or would like more information then please complete this form and we will be in contact.