Fleet Range Of Boilers Qualify For Enhanced Capital Allowances
Hamworthy’s latest range of boilers, launched in March this year, has been included on the Government’s Energy Technology List (ETL), providing significant financial advantages for purchasers through the Government’s Enhanced Capital Allowances (ECA) scheme.
All Fleet condensing modular boilers, up to 150kW module size, now qualify for Enhanced Capital Allowances, providing modular solutions from 40kW to 450kW output. The ECA scheme is a key part of the Government’s programme to manage climate change and is designed to encourage businesses to invest in energy-saving equipment.Meeting the scheme’s eligibility criteria, the inclusion of the Fleet boiler range on the Energy Technology List is a reflection of its high performance, exceeding the minimum thermal efficiency requirements by some margin. At the heart of the Fleet is Hamworthy’s new sectional heat exchanger, which allows each product to be easily configured with a total of 47 different models. Delivering high efficiency condensing performance up to 109% net efficiency, Fleet boilers and the robust aluminium alloy heat exchanger are suitable for up to 6 bar working pressure. The Fleet range of condensing boilers is available in wall hung and floor standing configurations, using common components throughout. The ultra-compact modules for both floor standing, Fleet Horizontal and Vertical boiler applications, take space saving seriously; the floor standing vertical boilers are the highest output, smallest footprint boilers on the market today.The ECA scheme benefits property owners or facilities management companies that pay business or corporation tax. Purchasing a boiler which qualifies for Enhanced Capital Allowances can bring significant financial savings, as well as improving a company’s energy-efficiency and its impact on the environment. Capital allowances enable a business to write off the capital cost of purchasing heating plant, such as boilers, against their taxable profits, taking the place of depreciation charged in commercial accounts reducing the business’s tax liability and offering cash flow advantages.An ECA provides 100 per cent tax relief on ETL energy-saving equipment, in the same tax year as the purchase is made, rather than the general rate of capital allowance which is 20 per cent a year on a reducing balance basis. In addition to the boiler plant itself, a qualifying claim can also include direct installation costs and related professional fees.Keith Thompson, Hamworthy Heating’s Sales & Marketing Director, is pleased that the high efficiency performance of the Fleet range has been recognised by the Government scheme. “The new Fleet range reflects our commitment to advancing the technical excellence of our products to ensure that they provide the highest condensing performance possible,” he said. “Through our innovative heat exchanger and a rigorous attention to detail, customers can purchase Hamworthy’s quality engineered products at an affordable price – inclusion on the ECA scheme will reduce the financial impact for the plant owner even further,” he added.For more information on Hamworthy’s Fleet range of condensing boilers, talk to Hamworthy. Tel: 0845 450 2865, email sales@hamworthy-heating.com, or visit www.hamworthy-heating.com.
28 September 2011
Click here to find out more about:
Hamworthy Heating
N.B. The information contained in this entry is provided by the above supplier, and does not necessarily reflect the views and opinions of the publisher