James Thomas Engineering's new Pixelrange series of LED lighting fixtures now qualifies as an energy-efficient approved product, qualifying for the UK government's Enhanced Capital Allowance (ECA) Scheme.
The first three Pixelrange products were launched last month at PLASA--the Pixelpar 660, Pixelpar 87, and Pixelline 1044 batten--and all qualify under the ECA Scheme. Under the Scheme, expenditure on approved technologies and products can qualify for 100% up-front tax relief, delivering a significant cash flow boost and shortening the payback period on the investment. In addition to the claiming for the cost of the product itself, any costs directly associated with the provision of the product, such as installation, can also be claimed from the ECA.
The ECA is part of a £50 million government fund available for energy-efficient and -renewable products set up under the climate change levy package. It's an integral part of the government's long-term environmental strategy to encourage manufacturers to produce energy-efficient products and businesses to invest in them.
Mervyn Thomas, general manager of James Thomas Engineering, comments, "Registering Pixelrange for the Scheme was an obvious move. Apart from the fiscal benefits to all our customers, it underlines our dedication and commitment to the philosophy of manufacturing energy-saving products."