(2) what change to the level of funding allocated by his Department to the Enhanced Capital Allowance Energy Scheme he anticipates in 2010-11.
There is no predetermined level of spending for the enhanced capital allowances scheme for energy efficient products or any other capital allowances scheme. The Government determine whether the scheme should be altered or expanded on the basis of annual recommendations made by the Department for Energy and Climate Change on the merits of the particular technology, and as assessment of the value for money of the proposal, considered in terms of the scheme’s overall policy objectives.
Budget 2009 contained detail on updates to the level of support for the recent changes to the qualifying criteria for the scheme. New products are added monthly as manufacturers seek approval for their products to be included in the scheme.
Information about enhanced capital allowances is presently provided by the Carbon Trust at:
www.eca.gov.uk
by HMRC at:
http://www.hmrc.gov.uk/manuals/camanual/CA23140.htm
and more recently by Business Link at:
http://www.businesslink.gov.uk/bdotg/action/detail/r.s=sc&r.l1=1079068363.lc=en&r.l3=1074403838&r.l2= 1082899752&type=RESOURCES&itemld=1074404607
Business Link is a key source of information on the benefits the Government provides to encourage the purchase of energy efficient equipment.
The Carbon Trust frequently consults with industry to further encourage take-up of the scheme.