Why should companies invest in Solar in Ireland?
The Accelerated Capital Allowance ACA is not a grant, but rather a tax incentive for companies paying corporation tax and aims to encourage investment in energy efficient equipment.
The ACA offers an attractive incentive whereby it allows companies to write off 100% of the purchase value of qualifying energy efficient equipment against their profit in the year of purchase. Eligible equipment can be chosen from the Triple E register (See solar databases – Triple E) and includes solar heating and electricity technology.
Barrett solar are working with companies regarding the advice and implementation of solar PV (solar photovoltaic systems) to help reduce their Electricity consumption.
By self generating your own electricity with solar PV modules businesses can reduce their electricity bills effectively. If a business owns their own commercial building there is an ideal location for a PV array on the roof whether it is flat or sloping. Planning is required but renewable energy technology is very favourable with the county councils in Ireland. PV is not as unsightly as wind turbines, has no moving parts and therefore little or no maintenance.
It is uncommon knowledge in the public eye that Ireland receives the same amount of solar irradiation as northern and central Germany at 1,050 kWh / m2/yr. It is commonplace to see PV arrays on factory roofs in Germany. They have better incentives though but it is just a matter of time that SEAI and the government will introduce more incentives such as the ACA and maybe feed in tariffs for businesses in the future. Northern Ireland is a prime example of a huge Solar PV expansion due to their incentives such as feed in tariffs for export to the grid and grants available.
For more info see the northern Ireland info on Solar PV http://powerni.co.uk/saving-energy/renewables/sell-your-electricity/ or SEAI info on Renewable energy incentives for businesses in ROI such as ACA and triple E register.
The Accelerated Capital Allowance ACA is not a grant, but rather a tax incentive for companies paying corporation tax and aims to encourage investment in energy efficient equipment.
The ACA offers an attractive incentive whereby it allows companies to write off 100% of the purchase value of qualifying energy efficient equipment against their profit in the year of purchase. Eligible equipment can be chosen from the Triple E register (See solar databases – Triple E) and includes solar heating and electricity technology.
Barrett solar are working with companies regarding the advice and implementation of solar PV (solar photovoltaic systems) to help reduce their Electricity consumption.
By self generating your own electricity with solar PV modules businesses can reduce their electricity bills effectively. If a business owns their own commercial building there is an ideal location for a PV array on the roof whether it is flat or sloping. Planning is required but renewable energy technology is very favourable with the county councils in Ireland. PV is not as unsightly as wind turbines, has no moving parts and therefore little or no maintenance.
It is uncommon knowledge in the public eye that Ireland receives the same amount of solar irradiation as northern and central Germany at 1,050 kWh / m2/yr. It is commonplace to see PV arrays on factory roofs in Germany. They have better incentives though but it is just a matter of time that SEAI and the government will introduce more incentives such as the ACA and maybe feed in tariffs for businesses in the future. Northern Ireland is a prime example of a huge Solar PV expansion due to their incentives such as feed in tariffs for export to the grid and grants available.
For more info see the northern Ireland info on Solar PV http://powerni.co.uk/saving-energy/renewables/sell-your-electricity/ or SEAI info on Renewable energy incentives for businesses in ROI such as ACA and triple E register.
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