The EIA is a fiscal deduction scheme. The scheme provides direct financial benefits to entrepreneurs who invest in energy-saving assets and sustainable energy. In addition to depreciation, you can deduct an additional amount from the profit for these investments. If you haven’t made a profit, you won’t benefit from the EIA. For 2021, the deduction is 45% of the investment (acquisition and production costs).
The Netherlands Enterprise Agency (RVO) offers entrepreneurs an Energy Investment Allowance (EIA) for stand air conditioning in trucks. This investment deduction is not a subsidy, as is the case, for example, with the purchase of solar panels, but an additional deduction from the business profit.
Energy Investment Allowance; What is the EIA?
The EIA is a fiscal deduction scheme. The scheme provides direct financial benefits to entrepreneurs who invest in energy-saving assets and sustainable energy. In addition to depreciation, you can deduct an additional amount from the profit for these investments. If you haven’t made a profit, you won’t benefit from the EIA. For 2021, the deduction is 45% of the investment (acquisition and production costs).
Report within three months of the order
There are a number of conditions in place for the investment deduction. The investment must be reported within three months of the order being issued via the RVO’s E-loket (e-service portal). This concerns “the issuing of the order, not the actual installation or invoice. It refers to the date on which the order was given or the supplier confirmed the order.”
The following conditions apply:
- The investment must amount to at least €2,500 in order to be reported. This also includes any battery security measures.
- The asset has not been used previously.
- “The investment must meet the requirements as laid down in the 2021 Energy List. For stand air conditioning, it concerns the requirements of code 240207. Different codes apply for air conditioning/heat pumps in buildings. You can download the energy list from the RVO.nl website.
- You cannot claim both energy investment allowance and environmental investment allowance for the same asset.
Dutch Government Gazette
Ultimately, the regulation published in the Dutch Government Gazette is decisive in determining whether an investment qualifies for the EIA. The EIA is adjusted annually. This means that codes (energy-saving assets) are added and removed. The new energy list is usually published at the end of December and immediately placed on the RVO.nl website.
Click here to view the business asset code for stand air conditioning from RVO, which you must fill in on the subsidy application.