The Netherlands Enterprise Agency (RVO) offers entrepreneurs an Energy Investment Allowance (EIA) for parking coolers in trucks. This investment deduction is not a subsidy, as is the case for the purchase of solar panels, but an additional deduction from the business profit.
Belgium and Luxembourg
Entrepreneurs in Belgium and Luxembourg can also receive government subsidies for investing in energy-saving assets and sustainable energy. For more information about these specific schemes, you can read more here for Belgium and find information for Luxembourg here.
Energy Investment Allowance in the Netherlands; What is the EIA?
The EIA is a tax deduction scheme that 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 derived from these investments. If you do not make a profit, you will not benefit from the EIA. For 2019, the deduction is 45% of the investment (purchase and production costs).
Report within three months after assignment
Several conditions apply to the investment allowance. For instance, the investment must be reported within three months after the assignment via the RVO E-counter. This pertains to “the assignment, not the actual installation or invoice. It refers to the date on which the order was placed or the supplier confirmed the order.”
The following conditions apply:
- The investment must be at least €2,500 to be reported. This includes any battery protection.
- The asset must not have been used previously.
- “The investment must meet the requirements specified in the Energy List 2018. For air conditioners, it pertains to the requirements of code 240207. Different codes apply to air conditioners/heat pumps in buildings. You can download the energy list from the RVO.nl website.
- You cannot receive an Energy Investment Allowance and an Environmental Investment Allowance simultaneously for the same business asset.
The investment must comply with the requirements specified in the Energy List 2018. For air conditioners, it pertains to the requirements of code 240207. Different codes apply to air conditioners/heat pumps in buildings. You can download the energy list from the RVO.nl website.
Government Gazette
The eligibility of an investment for the EIA is ultimately determined by the regulation published in the Government Gazette. The EIA is adjusted annually, with codes (energy-saving assets) being added and removed. The new energy list is usually published at the end of December and immediately made available on the RVO.nl site.
View the RVO asset code here for parking coolers in trucks, which you must enter in the subsidy scheme application.