CRC simplified to save businesses millions of pounds and create new jobs
The reforms to the scheme are set to deliver 55 per cent cost reduction and a total of £272 million worth of savings for participants in the in the scheme.
The simplification of the CRC programme will make it easier for businesses to feel the benefits of using less energy, and will also support jobs in the energy savings industry.
The changes are expected to increase demand for energy efficient products and services.
Minister of State Gregory Barker said: “Energy efficiency increases productivity and is good for growth so it is important that we continue to incentivise this through the CRC.
“We have listened to the concerns of business and radically simplified the scheme in order to cut down on administrative costs and red tape. And we will consider how to encourage new renewable on-site generation through the CRC scheme.
“The scheme will now be more flexible and light-touch, saving participants money and helping them to save energy”.
Reforms to the CRC Energy Efficiency Scheme include:
- Reducing the number of fuels that participants have to report against from 29 to 2 (electricity and gas for heating).
- Reducing scheme complexity by removing the 90% rule and Climate Change Agreements (CCA) exemption rule.
- Abolishing the Performance League Table but continuing to publish participants aggregated energy use and emission data.
- Reducing overlap with other climate change legislation.
- Withdrawing all state-funded schools in England from the scheme.
- Government will consider how the CRC can incentivise the uptake of new onsite renewable self-supplied electricity.
Posted on December 10, 2012, in Building Construction Industry, Building Engineering Sector, Business, Career change, Climate Change, Construction, construction jobs, construction news, Electrical News, electrician, electrician jobs, Employment, Energy Efficiency, Environment, Government, jobs, Manufacturing, Renewable Energy, Renewable Energy Course, t4ts, Technology, Trades, train4tradeskills, Train4TradeSkills News, UK Economy and tagged 4. trade, Business, Climate Change Agreement, CRC, CRC Energy Efficiency Scheme, Department of Energy and Climate Change, Efficient energy use, Employment, energy, Gregory Barker, new jobs, news, skills, t4ts, trades, train, train4tradeskills. Bookmark the permalink. Leave a comment.