New Government Scheme To Swap Old Inefficient Plant Motors For More Environmentally Friendly Models

Spiroflow 04/02/2020

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Leading materials handling specialist, Spiroflow, is currently encouraging businesses to take advantage of a government-backed swap-out scheme to replace their ageing inefficient plant motors for more environmentally friendly models. The initiative, which runs until April 2020, allows firms to claim 100% back in capital allowance.

Published by the government and updated annually, the scheme is based on the ETL (Energy Technology List) – a managed list of energy-efficient plant and machinery, such as boilers, electric motors, and air conditioning and refrigeration systems (visit here).

For a product to be on the ETL, it must meet specific energy-saving or energy-efficient criteria. The Department for Business, Energy and Industrial Strategy (BEIS) annually reviews the technologies and products that qualify for inclusion, with the ETL being managed on behalf of BEIS by the Carbon Trust. The ETL forms part of the Enhanced Capital Allowance (ECA) tax scheme for businesses.

The ECA tax scheme means that a business can invest in energy-saving plant or machinery to provide accelerated cost savings, that might otherwise be too expensive. The first year allowances let businesses set 100% of the cost of the assets against taxable profits in a single tax year.

This means the company can write off the cost of the new plant or machinery against the business’s taxable profits in the financial year the purchase was made. An ECA is claimed through a business’s income or corporation tax return in the same way as any other capital allowance. HM Revenue and Customs is responsible for the tax-related aspects of the ECA scheme.

Commenting on the initiative, Spiroflow’s James Podevyn, said:

“There has never been a better time to get government support for sustainable initiatives and as we all have our part to play in reducing our environmental impact, replacing old and obsolete plant and machinery, particularly motors, with energy efficient models is an easy decision to make.

As an industry leader, it is important for us to encourage best practice where we can, which in this case is helping businesses achieve their sustainability targets without seeing a large dent in the bottom line. Given that this swap-out initiative is in the interest of all manufacturing and processing businesses, we would be more than happy to provide guidance and support where required.”

Spiroflow has been a Global leader in the field of powder handling and dry bulk solids processing for more than 45 years. To learn more visit spiroflow.com, email sales@spiroflow.com or call +44 (0) 1200 422525 in the UK or (1) 704 246 0900 in the US.

Contact Details

Spiroflow Limited

01200 422525
sales@spiroflow.com
http://www.spiroflow.com
Lincoln Way, Clitheroe, Lancashire, BB7 1QG GB

About us

Continuous product development allied to a thorough understanding of customers" process needs and objectives has kept Spiroflow at the forefront of the bulk handling industry since the mid 1970s. From our early beginnings supplying flexible screw conveyors, mainly to the plastics industry, Spiroflow is today one of the world"s leading manufacturers of a full range of equipment for handling dry bulk solids and ingredients in powder, granule, pellet and flake form, across the whole spectrum of process industries.

Commitment, quality, reliability and service Spiroflow conveying and weighing systems are in operation worldwide and are acclaimed for their outstanding versatility and prolonged working life in the most demanding environments. In food and pharmaceuticals, cosmetics and chemicals, minerals and plastics, Spiroflow"s experience and proven capability is providing the answer to every conceivable handling need. The leading design principles behind all Spiroflow equipment are: dust-free handling and hygienic operation.

Our range includes not only the latest automatic conveyor systems, but also fully compatible weighing equipment for a wide variety of applications, from batch processing of ingredients, to the filling and controlled emptying of bulk bags or sacks. Behind all Spiroflow products is a dedicated design, manufacturing, testing and installation facility, backed up by a rapid spares and service network. Our high standards are sustained through an on-going development programme utilising CAD design facilities and material testing procedures.

Our conveying and weighing systems are designed with a minimum of working parts for maximum reliability in operation. Simple to operate and easy to clean and maintain, their robust construction ensures a long working life with minimum downtime. Willingness to meet customer"s specific needs A cornerstone of our success is our eagerness to design and develop equipment to meet the needs of individual customers. Not only has this enabled our customers to operate in ways that best suit them, it has been the driving force behind our product range today. Our Engineers like nothing more than a challenge!

Where we supply to

Europe

Industries we supply to

Automation, Chemicals, Consultants, Components Electronics, Energy and Power, Food and Beverage, Glass Ceramics Cement, Metals and Minerals, OEM, Paper and Pulp, Pharmaceutical Cosmetics Toiletries, Plastics and Rubber, Recycling, Textiles, Tobacco, Water and Wastewater