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The Fleet condensing boilers will join other Hamworthy products that are already included on the list.
The ECA scheme is a key part of the Government’s programme to manage climate change and is designed to encourage businesses to invest in energy-saving equipment.
Meeting the scheme’s eligibility criteria, the inclusion of Hamworthy commercial boilers on the Energy Technology List is a reflection of their high performance, exceeding the minimum thermal efficiency requirements.
The ECA scheme benefits property owners or facilities management companies that pay business or corporation tax. Purchasing a boiler which qualifies for Enhanced Capital Allowances can bring significant financial savings, as well as improving a company’s energy-efficiency and its impact on the environment. Capital allowances enable a business to write off the capital cost of purchasing heating plant, such as boilers, against their taxable profits, taking the place of depreciation charged in commercial accounts reducing the business’s tax liability and offering cash flow advantages.
An ECA provides 100 per cent tax relief on ETL energy-saving equipment, in the same tax year as the purchase is made, rather than the general rate of capital allowance which is 20 per cent a year on a reducing balance basis. In addition to the boiler plant itself, a qualifying claim can also include direct installation costs and related professional fees.
The following products have qualified for inclusion on the Government’s Energy Technology List providing significant financial advantages for purchasers through the Enhanced Capital Allowances (ECA) scheme:
| Product name | Model |
| Fleet Horizontal condensing floor standing boiler | All models |
| Fleet Vertical condensing floor standing boiler | All models |
| Fleet Wall hung condensing boiler | All models |
| Milborne wall hung boiler | All models |
| Wessex ModuMax condensing floor standing boiler | WM120/120c |
For more information on Hamworthy’s Fleet range of condensing boilers, talk to Hamworthy. Tel: 0845 450 2865, email sales@hamworthy-heating.com.
For more details on how to claim Enhanced Capital Allowances visit the Government’s website.