Dáil Éireann Debate, Thursday - 23 November 2023
157. Deputy Eoin Ó Broin asked the Minister for the Environment, Climate and Communications if he will provide a breakdown of the models of electric vehicles with a full price of more than €60,000 that are on the SEAI's registers to qualify for support through tax incentive schemes; and for each model, to provide the full price of the vehicle, in tabular form. [51594/23]
View answerThe Sustainable Energy Authority of Ireland’s (SEAI) “Triple E” Product Register is a searchable list of energy efficient products. Minimum criteria are set which products are required to meet to be listed on the register.
The Accelerated Capital Allowance (ACA) for Energy Efficient Equipment scheme is aimed at encouraging businesses to purchase equipment that is highly energy efficient by permitting the full cost of expenditure on eligible equipment from taxable profits to be deducted in the year of purchase. This differs from the standard treatment applicable to capital assets, whereby wear and tear can be taken into account as a deduction for tax purposes, over eight years. Only products on SEAI’s Triple E Product Register are eligible to be considered under the ACA for energy efficient equipment. Businesses claim the ACA through their company's return of income to Revenue.
SEAI’s Triple E Register does not contain price information and SEAI has no role in pricing of commercial products. While the Society of the Irish Motor Industry (SIMI) publishes recommended prices, for guide purposes only, it is a matter for car dealers to set sales prices. SIMI’s data is available at the following website: www.simi.ie/en/motorstats/recommended-price-guide.
There are 159 types of Battery Electric Vehicles on the TripleE register plus 66 Plug-in Hybrid Vehicles and 44 Hybrid Electric Vehicles. There are 34 manufacturers as follows: Smith Electric Vehicles, Vectrix Corporation Inc.,Micro-Vett SPA, Aixam-Mega SAS, Toyota, Reva, Electric Car Company, Green Autos, Citroen Motors Ireland LTD, Vectrix Corporation, Mitsubishi Electric Vehicles, Nissan Ireland, Renault Ireland, Komatsu, BMW Automotive (Ireland) Ltd, Volvo Car Ireland, Mitsubishi iMiEV, Hyundai, Lexus, Volkswagen, Audi AG, Tesla Motors Ireland Limited, Kia Motors Ireland, Hyundai Cars Ireland, Mitsubishi Motors Ireland, Jaguar Land Rover Limited, Mercedes-Benz, Opel, MG Motor Ireland, UBCO, Skoda Ireland, Mazda Ireland, Peugeot,Polestar Automotive IRE Ltd, and Ford Motor Company.
A list of the models of cars on the Triple E register can be found in spreadsheet attached.
