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 
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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
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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.