Energy efficient equipment
Accelerated allowances of 100% in year 1 will be available for the purchase (as opposed to leased, let or hired) by companies only of certain new energy efficient equipment approved by the Minister for communications, Energy and Natural resources.
The list of approved expenditure has certain classes of minimum spend as follows:
- Motors and drivers €1,000
- Lighting €3,000
- Building energy management systems €5,000
- Information and Communication Technology €1,000
- Heating and electricity provision €1,000
- Process and heating, ventilation and air conditioning systems €1,000
- Electric and alternative fuel vehicles €1,000
- Refrigeration and cooling systems* €1,000
- Process and heating, ventilation and air-con systems* €1,000
- Electric and alternative fuel vehicles* €1,000
http://www.noonecasey.ie/guide-to-irish-tax/capital-allowances#_Toc251836842