The Numbers, In Full
Every figure shown start to finish: what the relief is worth, what happens if you take your capital back versus stay in for income, and why none of it moves when electricity prices do.
The Relief
50% back on your
next tax return.
Under EIIS, you claim income tax relief on the amount you invest. If you pay tax at the higher rate you can claim back up to 50% of your investment, in the tax year you invest. It reduces your income tax bill directly, it isn’t a deduction against some future gain. If you pay tax at the standard rate you can claim back 25% of your investment. EIIS does not refund USC or PRSI.
Take Your Money Back, Or Stay In
Choose what happens at the end of the five-year hold.
Invest €10,000 and the relief brings what it actually costs you down to €5,000. Hold for five years and you get your full €10,000 capital back plus a 10% uplift, €16,000 total including your tax back.
Why It Holds
A fixed price, agreed with the government, for 15 years.
The farm’s electricity price is locked in under the SRESS scheme for its first fifteen years. That means the return isn’t exposed to the ups and downs of wholesale power prices the way a normal energy investment would be. What you’re shown in the calculator is what the project is actually built around, not a forecast riding on the market.
Read This Part
Some of this is signed. Some of it is a target.
Planning permission, the grid connection, and the 15-year SRESS electricity price are all signed and in place. The exit uplift and dividend figures are illustrative targets, not guarantees, and your capital is at risk throughout. If shares are sold before the minimum holding period ends, the tax relief can be clawed back. Full detail sits in the information memorandum, and it’s worth checking your own position with your accountant before investing.
Getting Started
From €5,000, open to individuals anywhere in Ireland.
Request the information memorandum, review it with your own adviser, and complete the application referenced in it. 2026 Pioneer applications are open now.
Work out your own figures
Put your
own number in.
Set the amount, choose what you want to do at the end of the hold, then pick the rate of income tax you actually pay.
€
Type an amount or drag the slider
€5000 minimum
€100,000 maximum
What you do at the end of the hold
Rate of income tax you pay
Nearly every EIIS advertisement quotes the higher rate figure without saying so. At the standard rate the relief is worth half as much, and it is better to know that now.
Your figures
You invest
€10,000
Income tax relief
€5,000
What it really costs you
€5,000
You hold the shares for
Five years
Your capital returned
€10,000
Bonus on exit, 10%
€1,000
Tax relief received at the start
€5,000
Total value across the investment
(including your tax relief)
€16,000
Dividend each year, from year five
€440
Dividends over fifteen years, before tax
€6,600
Your capital repaid
plus 10% bonus
€11,000
Tax relief received at the start
€5,000
Total value across the investment
(including your tax relief)
€22,600
100% Community Impact
Your investment helps generate clean power for 1,800 homes while returning €3M+ directly to local Kerry charities over the project lifetime.
Illustration, not a forecast. The exit bonus is shown at 10% and the dividend at a target of 4.4% a year. Neither is guaranteed. Dividends are taxable in your hands. Repaid capital is your own money back and is not taxed again. Tax relief is based on your investment amount and the income tax rate you select, and is claimed through your own tax return; it is not paid to you as part of the investment itself. Your capital is at risk and you could get back less than you put in.
How to invest
Three steps.
1
Read the information memorandum
The full terms, the risks, and the figures, in one document. Request it and it comes straight back to you. Your accountant will want to see it.
2
Apply and transfer
Complete the application, confirm your identity, and transfer the amount you’re investing. The minimum is €5000.
3
Claim your relief
You get a statement of qualification for your tax return. You or your accountant claim the relief in the normal way.
Splash