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Businesses, which are based around fresh or frozen food, find that the vast majority of their electric consumption originates from their Refrigeration systems. Careful design of such systems is crucial if the consumption of energy is to be minimised.
The Government recognised that Refrigeration systems are inherently expensive to operate and consequently decided to incorporate various refrigeration technologies into the Enhanced Capital Allowance Scheme (ECA). This scheme enables businesses to claim 100% first year capital allowances on investments in energy saving technologies and products. Meaning that businesses are able to write off the whole cost of their qualifying investment against their taxable profits in the period during which they make the investment. In short, if properly exploited this scheme can drastically improve the cash flow of your business.
