Power the future - Join the community
Our grant program aims to revolutionize EV infrastructure by expanding access to charging stations across our communities.
The Accelerated Capital Allowance (ACA) is a tax incentive scheme that promotes investment in energy efficient products & equipment. The ACA is based on the long-standing ‘Wear and Tear Allowance’ for investment in capital plant and machinery, whereby capital depreciation can be compensated through a reduction in an organisation’s tax liability.
The ACA scheme allows a sole trader, farmer or company that pays corporation tax or income tax on trading or professional income in Ireland to deduct the full cost of the equipment from their profits in the year of purchase. As a result, the business’s taxable profits are reduced by the value of qualifying capital expenditure. By contrast, the Wear and Tear Allowance provides for the same tax reduction, but this is spread evenly over an eight-year period.
For cars coming under the category “Electric and Alternative Fuel Vehicles” the accelerated allowance is based on the lower of the actual cost of the vehicle or €24,000.
ACA Incentive & Triple E
The Electric Vehicle Home Charger Grant is a government funded support scheme assisting residents and homeowners to install an electric vehicle charge point on their property. The scheme provides a grant up to the value of €300 towards the purchase and installation of a home charger unit. To receive payment, you must ensure that you use a Safe Electric Registered Electrical Contractor.
The grant is now open to homeowners to apply for a grant, whether they own an electric vehicle or not. This charge point can also be used for visitor use or at rented accommodation.
The EV Home Charger Grant Scheme will only support smart chargers which are registered on SEAI's Smart Charger Register.
Smart Chargers can be registered by a manufacturer/supplier here.
Funding for the EV Home Charger scheme is provided by Zero Emission Vehicles Ireland (ZEVI) based in the Department of Transport. SEAI operates this grant scheme on behalf of ZEVI
Residential
The apartment charger grant assists residents and owners of apartments and other multi-unit developments who want to install a home charger for their Electric Vehicle (EV) and which are not covered by the pre-existing grants. The grant is designed for bulk installation of chargers at a single location, and supports cabling, infrastructure, labour, and construction costs. Owners’ management companies, housing bodies, local authorities, commercial and private landlords can apply.
Funding for the apartment charger grant scheme is provided by Zero Emission Vehicles Ireland (ZEVI) based in the Department of Transport. SEAI operates this grant scheme on behalf of ZEVI.