Under this category, the capital expenditure incurred by investing in energy-saving equipment could be depreciated in 1 year instead of 3. In other words, you would pay less tax in the first year (example).

To qualify, the energy-saving equipment must fall under the List of Approved Energy-saving Equipment and Devices. If you qualify for this category, please refer to the application procedures provided below.

List of Approved Energy-Saving Equipment and Devices

• any solar heating or cooling system
• any solar energy collection system (e.g. solar photovoltaic (PV) installations)
• any heat recovery system (e.g. economizer)
• any power factor controller;
• any high efficiency electric motor
• any variable speed drive motor control system
• any high frequency lighting system
• any computerised energy management system

Application Procedures

1. Check that the equipment installed is in the List of Approved Energy-Saving Equipment and Devices.

2. Download the application form for Category B.

3. Obtain a certificate of approval from TÜV SÜD PSB Pte Ltd. (how)?

4. Submit the completed application form, the certificate of approval and supporting invoices to the Inland Revenue Authority of Singapore (IRAS) when making your tax submission.

5. Forward a copy of the application form and the certificate of approval to:

Head (Energy Efficiency & Conservation Department)
National Environment Agency
40 Scotts Road #11-00 Environment Building
Singapore 228231