Enhanced capital allowances
Somar Eluma is endorsed by the Carbon Trust. It is listed on the Enhanced Technology List (ETL); therefore purchases of Eluma are eligible for tax benefits under the Enhanced Capital Allowances scheme (ECA).
Under the ECA scheme, you can claim an 'enhanced' 100% capital allowance on qualifying investments in equipment in the first tax year. Normal capital allowances on plant and machinery are 25% a year on a reducing balance basis. So the scheme boosts cash flow and shortens the payback period.
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Pay-As-You-Save
The cost of the Eluma solution is not new expenditure.Eluma will pay for itself out of the savings delivered.
Financial savings
Even at maximum brightness Somar Eluma costs less than 50% to run than conventional HID (metal halide or high pressure sodium) or fluorescent lighting.
0% Interest Carbon Trust loans
Energy-Efficiency Loans from the Carbon Trust are a cost effective way to replace or upgrade your existing equipment with a more energy efficient version.
Being more energy efficient makes sound economic sense because using less energy lowers operating costs. From an environmental perspective, it's an effective way for business to cut carbon emissions and, in turn, combat climate change.
Small or medium-sized enterprises (SMEs) in England and Scotland, or all businesses in Wales that have been trading for at least 12 months, could borrow from £5,000 to £100,000. It is unsecured, interest free and repayable over a period of up to 4 years. There are no arrangement fees and applying is straightforward.
If you would like to assess whether your organisation is elibigle for a Carbon Trust 0% Loan, please contact us.
