Finance Act 2010

Acceleration of wear and tear allowances for certain energy-efficient equipment.

44.— (1) The Principal Act is amended by substituting the following for Schedule 4A:

“SCHEDULE 4A

TABLE

(Class of Technology)

(Description)

(Minimum Amount)

(1)

(2)

(3)

Motors and Drives

Motor: An electric motor with a power rating of 1.1kW or greater, either standalone or as part of other equipment, meeting a specified efficiency standard.

Variable speed drive: A drive that is specifically designed to drive an electric motor in a manner that rotates the motor’s drive shaft at a variable speed dictated by an external signal.

€1,000

Lighting

Lighting units, comprising fittings, lamps, and associated control gear, that meet specified efficiency criteria, or lighting control systems designed to improve the efficiency of lighting units. Includes occupancy sensors and high efficiency signs.

€3,000

Building Energy Management Systems

Computer-based systems, designed primarily to monitor and control building energy use with the aim of optimising energy efficiency and meeting specified efficiency standards.

€5,000

Information and Communications Technology (ICT)

High Efficiency Enterprise ICT Hardware and Software: ICT infrastructure hardware or software systems for business applications specifically designed to achieve very high levels of energy efficiency and that meet specified efficiency criteria.

Energy Saving ICT Cooling: Equipment designed to achieve very high operational cooling efficiency and that meet specified efficiency criteria.

Advanced ICT Electrical Management: Systems for power switching control with the aim of achieving optimal energy efficiency, and that meet specified efficiency criteria.

€1,000

Heating and Electricity Provision

Advanced Heating and Electricity Generation: Equipment for generating heat or electricity or both, with the resulting energy stream intended primarily for on-site use and that meet specified efficiency criteria.

Energy Saving Control Systems: Systems specifically designed to maximise energy efficiency of new or existing efficient heating or electricity generation equipment or both and that meet specified efficiency criteria.

€1,000

Process and Heating, Ventilation and Air-conditioning (HVAC) Control Systems

Efficient Heat Conservation and Recovery: Equipment or systems or both specially designed to control, conserve or recover any generated heating and cooling energy and that meet specified efficiency criteria.

Advanced Liquid and Gas Handling Equipment: Equipment for energy-efficient on-site transfer of liquid or gas or both, meeting specified efficiency criteria. Includes very high efficiency pumps, fans, blowers and other liquid/gas handling equipment.

€1,000

Electric and Alternative Fuel Vehicles

Electric Vehicles and Associated Charging Equipment: Electric and part electric vehicles with a motor size >1kW, and relevant required charging equipment, that meet specified efficiency criteria.

Alternative Energy Vehicle Conversions: Equipment for the conversion to 100% bio-fuel for existing commercial diesel vehicles, that meet specified efficiency criteria.

€1,000

Refrigeration and Cooling Systems

Efficient Industrial Refrigeration and Cooling: Equipment specifically designed to achieve very high operational refrigeration or cooling efficiencies in industrial and commercial applications and that meet specified efficiency criteria.

Energy Saving Control Systems: Systems specifically designed to maximise the energy efficiency of new or existing efficient refrigeration or cooling equipment and that meet specified efficiency criteria.

€1,000

Electro-mechanical Systems

Advanced Industrial Electro-mechanical equipment: Direct electrically powered mechanical equipment designed to achieve very high operational efficiencies in industrial applications and that meet specified efficiency criteria.

Energy Saving Electrical Management Systems: Systems specifically designed to maximise the energy efficiency of new or existing efficient electrically powered equipment and that meet specified efficiency criteria.

€1,000

Catering and Hospitality Equipment

High Efficiency Catering Equipment: Equipment for commercial catering applications specifically designed to achieve very high levels of energy efficiency and that meet specified efficiency criteria.

Energy Saving Laundry Solutions: Commercial laundry equipment specifically designed to operate at very high efficiencies and that meet specified efficiency criteria.

€1,000

”.

(2) This section comes into operation on such day as the Minister for Finance may by order appoint.