The Enhanced Capital Allowance (ECA) scheme is a key part of a Government programme to manage climate change. It enables businesses to claim 100% first-year capital allowance on investments in energy-saving equipment (Energy Technology List), against the taxable profits of the period of investment.
All businesses that incur qualifying spending can claim ECAs, bringing forward the time that capital allowances are available for spending on plant and machinery thereby providing a cash flow advantage.
Williams Commitment…
Williams Refrigeration has always been at the leading edge of environment awareness. Back in the mid-1980’s the company helped develop the first CFC free insulation and was the first catering refrigeration manufacturer to use it in production models. Over 20 years later, Williams continues to hold environmental issues in the highest regard and as a result our product range currently boasts a number of ECA accredited models that demonstrates our ongoing commitment to improving energy efficiency in commercial kitchens.
The Benefits...
Bringing down emissions in the commercial sector is achievable because the base performance levels are currently so low. Today, the commercial kitchen is largely unregulated in terms of efficient energy usage, waste and safety. However, recent studies have proven that exchanging old equipment for new not only benefits the environment but can potentially save the user tens of thousands of pounds every year.
The Facts…
In taking the necessary steps towards an energy efficient kitchen, the following results can be achieved:
• Environmental gains – 13.5 million tonnes of carbon dioxide can be saved every year by the commercial foodservice industry
• Cost savings – Potential energy bill savings of up to £36,310 per kitchen per year can be achieved
• Payback on investments – The average payback on investment stands at just 2 years for a large commercial kitchen
For more information on how Williams could help you save energy in your commercial kitchen, please call us on 01553 817 000