Product category:
Boilers, Heat Exchangers, Dryers and Refrigeration
News Release from: Fulton Boiler Works | Subject: RBC range
Edited by the Processingtalk Editorial
Team on 24 August 2004
Boilers qualify for capital allowance
scheme
The recently launched nine-model RBC range of horizontal wet back fire tube boilers is now available with optional ECA approved burners and has been incorporated on the Energy Technology List.
The recently launched nine-model RBC range of horizontal wet back fire tube boilers is now available with optional ECA approved burners and has been incorporated on the Energy Technology List for the UK Government backed ECA (Enhanced Capital Allowance) scheme The Inland Revenue, DEFRA and Department of Environment are working in collaboration with the Carbon Trust to operate the scheme enabling businesses to claim 100% of its first year capital allowances on investments, on qualifying energy saving technologies and products
This article was originally published on Processingtalk on 22 Apr 2004 at 8.00am (UK)
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The ECA scheme allows a business to write off the whole of the capital cost of their investment in these technologies against their taxable profits for the period in which the investment is made, which can deliver a helpful cash flow boost and a shortened payback period.
For new or replacement steam boiler installations, the scheme covers both capital plant and installation costs, and interest free Action Energy Loans are also available to SMEs for boiler plant improvements and replacements.
To qualify for the Carbon Trust assessed and approved Energy Technology List, the approved RBC ECA boilers - offering capacities from 957 to 4787kg/h - are fitted with NU-Way ECA specification burners which, as a packaged combination, reach the high levels of performance and efficiency required to meet the criteria.
"We are delighted that the RBC ECA range has been included in the Energy Technology List", says Fulton's Sales and Marketing Director Gordon Bareham, who goes on to explain that high efficiency steam boiler plant not only qualifies for the ECA scheme, but also gives lower running costs at a time when rising energy costs are a concern to all.
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