11kw Gaia Wind Turbine Now Listed On SEAI – Accelerated Capital Allowance Scheme !

The Gaia Wind 133 11kw wind turbine is now listed as an approved wind turbine on the SEAI – ACA Scheme. The ROI – ACA scheme is 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.

The Accelerated Capital Allowance (ACA) is a tax incentive which aims to encourage companies to invest in energy saving technology, like the class leading Gaia Wind Turbine.  The ACA allows companies to write off 100% of the purchase value of qualifying energy efficient equipment against their profit in the year of purchase. The ACA is based on the existing Capital Allowances tax structure (also referred to as Wear and Tear Allowance) for plant and machinery and is only applicable to eligible energy efficient equipment. Claiming the ACA is also carried out the same way as for the standard Capital Allowances. Introduced in the Finance Act, 2008, the ACA will run for an initial trial period of three years from 9th October 2008, the date of the first Ministerial Order to establish the list of approved energy-efficient equipment. 

 For more info on the ACA qualifying Gaia Wind Turbine, click here.