Financing

Carbon Trust Interest Free Loans

The mission of the Carbon Trust is to accelerate the move to a low carbon economy by working with organisations to reduce carbon emissions and develop commercial low carbon technologies.

This is achieved through the provision of carbon surveys, building advice and interest free loans over periods up to 4 years, to finance energy saving projects, including the purchase of LED lighting.

As a registered supplier with the Carbon Trust Energy-Efficiency Loans Scheme, SSLI are able to process loan applications on behalf of our customers. Please contact us for details as this is scheme is now limited to Wales and Northern Ireland.

Enhanced Capital Allowances

Enhanced Capital Allowances (ECAs) are a straightforward way for a business to improve its cash flow through accelerated tax relief. The ECA scheme for energy-saving technologies encourages businesses to invest in energy-saving plant or machinery specified on the Energy Technology List (ETL) which is managed by the Carbon Trust on behalf of Government.

The ECA scheme provides businesses with 100% first year tax relief on their qualifying capital expenditure. The ETL specifies the energy saving technologies that are included in the ECA scheme. The scheme allows businesses to write off the whole cost of the equipment against taxable profits in the year of purchase. This can provide a cash flow boost and an incentive to invest in energy-saving equipment which normally carries a price premium when compared to less efficient alternatives.