Lord Teverson – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

The below Parliamentary question was asked by Lord Teverson on 2016-10-18.

To ask Her Majesty’s Government what plans they have for the future of the Energy Technology List and the associated ability to claim Enhanced Capital Allowances.

Baroness Neville-Rolfe

Since its inception in 2001, the Energy Technology List has incentivised UK businesses to invest in highly efficient plant and machinery as part of the Enhanced Capital Allowance Scheme, which provides a cash-flow advantage for businesses. Going forward, the Government will work to ensure that the Energy Technology List continues to help deliver our business energy-efficiency policy ambitions effectively whilst providing good value for money for tax payers.