Accelerated Capital Allowance Tax Relief Extended for Three Years

12,200 High Efficiency Products Now Available

Businesses Should Consider Energy Efficiency When Buying New Equipment - SEAI

Media Release                                                                                                                                                28th January 2015

As interest in energy efficiency gathers pace, businesses are now more likely to purchase new capital equipment, the Sustainable Energy Authority of Ireland (SEAI) is urging business owners to consider purchasing registered sustainable energy products which qualify for tax relief under the Accelerated Capital Allowance (ACA) scheme.

Tom Halpin, SEAI’s Head of Information explained that there are two great ways that higher efficiency equipment can save business money. “Firstly the equipment will consume less energy, reducing energy bills. Secondly, where the equipment purchased is registered with SEAI and eligible for the Revenue Commissioner’s Accelerated Capital Allowance, the companies can deduct the full cost of the eligible equipment from taxable profits in the year of purchase rather than over the usual eight year period. This will contribute to a company’s cash flow and competitiveness.”

First introduced in 2008 the ACA was extended in Budget 2015 for a further three years. The allowance extends to 10 major categories of energy using equipment including lighting, heating, ventilation, refrigeration, catering, motors and information communications technology (ICT).  In December 2014 a further 1,500 products were added to the  list. It is estimated that 85% of a company’s equipment needs can be sourced through the ACA, via the 12,200 eligible products. The ACA Scheme is regularly reviewed to ensure only ‘best-in-class’ products are qualifying to assist Irish businesses to reduce their energy costs.

Halpin continued; “The ACA list is a great tool for product suppliers because it gives buyers confidence in selecting validated products. Suppliers of eligible products also qualify for selection by public bodies under Public Procurement legislation.”

For more information on Accelerate Capital Allowances and the product register see


Note for Editors

The ACA Scheme is a tax incentive for companies to purchase highly energy efficient equipment that allows companies to deduct the full cost of the eligible equipment from taxable profits in the year of purchase rather than over the usual eight year period.

The Sustainable Energy Authority of Ireland is the body responsible for setting the eligibility criteria and maintaining the list of eligible products for which the incentive can be claimed.  The products and criteria are published and regularly revised following bi-annual Orders made by the Minister for Communications, Energy and Natural Resources with the approval of the Minister for Finance.

The ACA, first introduced in 2008, now covers the following ten categories:

  • Motors and Drives
  • Lighting
  • Building Energy Management Systems
  • Information and communications technology
  • Heating and Electricity Provision
  • Process and Heating, ventilation and air-conditioning systems
  • Electrical and Alternative Fuel vehicles
  • Refrigeration and cooling systems
  • Electro-mechanical systems
  • Catering and hospitality equipment
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