Solar Power for Businesses: Claim 100% Tax Deduction on Installation Costs

Are a business considering commercial solar but don’t have the cash flow to invest? We have some exciting news for you about the tax relief scheme Annual Investment Allowance (AIA).

What is the Annual Investment Allowance (AIA)?

The AIA is a government-backed initiative that allows businesses to claim tax relief on qualifying assets, including solar installations. This means you can deduct the full cost of your commercial solar project from your taxable profits, up to the current limit of £1 million per year.

Why should businesses take advantage of the AIA for commercial solar?

Significant Tax Savings

Commercial solar installations can be a substantial investment, but with the AIA, you can unlock substantial savings. By claiming tax relief on your solar project, you retain more capital to reinvest in your business, accelerate growth, and boost your bottom line.

Accelerate Return on Investment

The AIA allows you to deduct the entire cost of your solar installation upfront. This immediate tax relief injects cash back into your business, accelerating your return on investment.

Protect Your Business & Secure Future Energy Savings

Investing in commercial solar unlocks long-term energy savings. Solar panels generate electricity for decades, reducing your reliance on grid electricity and shielding your business from escalating energy prices. You can also generate clean, renewable energy while simultaneously reducing your carbon footprint.

Are there other tax relief schemes?

With the government’s ongoing commitment to renewable energy, businesses can benefit from these tax relief schemes, while also contributing to a greener future.

commercial solar tax relief schemes

How can Eclipse Energy help with your commercial solar project?

Here at Eclipse Energy, we specialise in commercial installations. We can guide you through the process, ensuring your solar project meets all the qualifying criteria for the AIA and maximise its financial benefits.

It is always recommended to consult with a tax professional for specific advice on claiming tax relief for commercial solar.

Contact Eclipse Energy today to discuss your business requirements and find out how we can help you save thousands on your energy bills.

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