McQuay’s self-described ‘most advanced chiller’, the, ATS has been approved for Enhanced Capital Allowance (ECA) eligibility by the Carbon Trust.
For a product to be eligible for ECA approval, it must meet specific energy saving criteria.
Typically, 20 per cent of a business’ annual energy costs are wasted through the use of energy inefficient equipment.
The Carbon Trust, which runs the ECA scheme on behalf of the UK government, aims to encourage businesses to invest in energy saving technologies. The criteria are evaluated year on year to keep up to speed with technological advancement.
The ECA scheme gives enhanced tax relief for investments in equipment meeting these energy saving criteria. Under the scheme, 100 per cent of the investment can be written off against taxable profit in the year the equipment is purchased.
The recently increased efficiency thresholds for air conditioning systems ensure that only the top 20 per cent most efficient products are eligible for the ECA scheme.
James Henley, Chiller Manager at McQuay, said: “By sourcing high quality and energy efficient equipment, your business will save significant sums of money in the long-term by reducing your energy bills.”
McQuay products on the list include the full ranges of McQuay’s ATS XE and PR units.
James added: “The ATS is now officially recognised by the Carbon Trust as one of the most efficient chillers on the market. We are committed to making a real investment in the design and development of our systems, which are cheaper to run and produce lower CO2 emissions. ECA approved products can achieve up to 18 per cent more efficiency than non-approved products. We expect to be adding more ECA approved units over the next year that meet the new ECA criteria for energy efficiency dictated by ESEER.”