Products & Services

SEAI Grants

SEAI Grants

Waveguide work closely with energy providers and the SEAI in relation to ongoing and future grants that become available for energy upgrades using our ACA approved lighting products. 

Grants that are readily available to potential clients include:
The Kilo-Watt Reduction Grant, This is based on the overall KWH reduction achieved by upgrading your general lighting to LEDs

The ACA grant, is where the customer can write off the cost of the new LED lights against their Capital Gains tax of 12.5% in year One. This is a  tax incentive scheme that promotes investment in energy efficient products and equipment. The ACA is based on the long standing 'Wear and Tear Allowance' for investment in the capital plant and machinery, whereby capital depreciation can be compensated through a reduction in an organisation's tax liability. 

The ACA sheme allows a sole trader, farmer or company that pays corporation tax in Ireland to deduct the full cost of the equipment from their profit in the year of purchase. As a result, the  reduction in tax paid by the organisation in that year is curently 12.5% of the value of the capital expenditure. By contrast, the wear and tear allowance provide the same reduction, with this spread evenly over eight-year period. 

 The ACA and KWH reduction energy grant, are completely independent of eachother and can be claimed in full by using approved lighting products which the team at Waveguide can advise on.