Carbon Trust Loans

Central Compressor Services are a registered supplier with the Carbon Trust Loan Scheme. Providing that we can prove sufficient energy savings can be made by the installation of energy efficient compressors and/or ancillary equipment, you can apply for a loan from the Carbon Trust. To be eligible your business must not be part of the Carbon Reduction Commitment Scheme. 
 

To identify energy savings, our  technicians install temporary data-loggers that automatically record the energy usage. From this data we calculate your air demand profile over the period monitored. We use the recorded demand profile to accurately select the most efficient compressor for the application. Once we have agreed upon a solution with our customer, this evidence is then submitted to the Carbon Trust for consideration. A fully independent energy analyst will evaluate the project and appraise the energy savings.

The loan application process takes approximately 2 weeks, after which your money is "ring fenced" by the Carbon Trust. Before the loan is agreed the Carbon Trust will make a credit check on your business. It is only after this stage that we will invoice you. The Carbon Trust will give the money to you 30% deposit, 60% upon delivery and 10% upon commissioning.

To find out more see a case study from the Carbon Trust or visit the Carbon Trust's website.

Enhanced Capital Allowances
Enhanced capital allowances are tax relief that are paid in the 1st year. You can claim an Enhanced Capital Allowance because the equipment is energy efficient. This scheme allows you to claim tax relief in first year. Examples of the tax relief for the variable speed drive compressors are £1'117 for a 15kW and £5'765 for a 75kW compressor (assuming a 28% rate of corporation tax). Normal capital allowances can be claimed on the remainder of the equipment subject to you specific circumstances, and only a qualified accountant can advise you of this.