Formerly known as the Carbon Reduction Commitment, the CRC Energy Efficiency Scheme is commencing April 2010. It is central to the UK’s strategy for improving energy efficiency and reducing carbon dioxide (CO2) emissions, as set out in the Climate Change Act 2008. It has been designed to raise awareness in large organisations, especially at senior level, and encourage changes in behaviour and infrastructure. The schemes amended title serves to better reflect the CRC’s focus on increasing energy efficiency.
Organisations and Companies with a total half hourly metered supply in excess of 6,000mWh in 2008 which is equivalent to approximately £400k will automatically qualify for inclusion into the CRC scheme.
From April 2010 all companies with a half hourly registered meter will have to register on to the CRC Registry Website and register their supplies.
Participants within the scheme are required to purchase carbon allowances each year to cover the emissions for the forthcoming year. Therefore accurate assessment of an organisations energy usage is essential to avoid purchasing unwanted carbon credits.
Phase 2 includes:
A National league table for all participants will be used to calculate recycle payments. Organisations that are towards the top of the league table will receive a recycling payment based on their emissions payment.
Participants that are at the bottom of the league table will not receive a recycling payment and therefore be at a financial loss.
It should be noted that the purchase of carbon allowances for the first 3 years of the scheme are expected to be around 8-10% of a company’s annual energy expenditure.
Integral to our service offering is the monitoring, targeting and management of our client’s energy usage. We are therefore ideally situated to aid our clients through every stage of the CRC process, thus ensuring that they take advantage of the available financial gains.
Participants can improve their standing within the league tables by taking advantage of schemes such as the ‘Early Action Metric’ or by acquiring a ‘Carbon Trust Standard’ or equivalent.
As an integral part of your energy contract, we offer a complete CRC solution. This encompasses every stage of the process, from an initial energy survey to assess energy efficiency at your site, through to project management and implementation of our recommendations. We are committed to preparing our clients for CRC and we can improve the environmental performance for your organisation. This will help you avoid extra costs, letting you take full advantage of the financial gains that will be available.
