The Energy Investment Tax Deduction Scheme (EIA) provides a direct financial advantage to companies investing in sustainable energy and energy-saving equipment. The EIA is amended yearly. The Energy Investment Tax Deduction scheme allows entrepreneurs to deduct 40% of the purchase/production costs for energy-saving equipment from their company's profits for the year in which the equipment was purchased, up to EUR149m annually.
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Energy Investment Tax Deduction Scheme (EIA)
Summary
Documents
Document
Topics 
Beta
About this policy
Year
1997
Most recent update
29/12/2023
Geography
Response areas
Mitigation
Sectors
Energy
Topics
, ,  
 Topics mentioned most in this policy  Beta
See how often topics get mentioned in this policy and view specific passages of text highlighted in each document. Accuracy is not 100%. Learn more
Group
Topics
Target
Policy instrument
Risk
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Note
The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.