Astral Web Ltd
Unit C Hills Barn,
Apuldram Lane South,
Chichester,
West Sussex,
PO20 7EG
Tel: 01243 539193 Fax: 07970 632239
Carbon Reduction Commitment (CRC)
What is the Carbon Reduction Commitment (CRC)?
The UK is committed to a 20% reduction in CO2 emissions by 2020 compared to 1990 levels. The Carbon Reduction Commitment (CRC) has been designed to raise awareness in large organisations, to reach this goal through a new emissions trading scheme due to start in April 2010.
Climate Change Minister, Joan Ruddock speaks about the CRC Energy Efficiency Scheme.
Will the new Carbon Reduction Commitment affect you?
The scheme is designed to tackle CO2 emissions from large public and private sector organisations, who are responsible for about 10 percent of the UK’s emissions. The scheme, which targets UK organisations that used over 6,000MWh of half hourly metered electricity and gas during 2008, aims to save four million tons of CO2 a year. That's the equivalent of taking one million cars off the road.
The CRC will affect between 5,000 to 20,000 organisations including supermarkets, water companies, banks, local authorities and all central Government Departments - and yours could be one of them. Qualifying organisations will have to comply legally with the scheme or face financial and other penalties.
If your total utility bill is over ₤350,000 then your business will probably be affected by the Carbon Reduction Commitment. Please contact us so we can help you comply with the legislation.
How will the CRC work?
The CRC will be a bonus and penalty scheme, with those organisations making the most improvements in energy efficiency receiving financial rewards. So, organisations in the top half of the 'league table' will be paid a bonus, and those in the bottom half will be charged a penalty.
You need to act now
While the scheme doesn't officially start until April 2010, you need to act now to ensure that you comply with all legal requirements and fully participate in the scheme. If you would like more information on our CRC services please contact us here.
The CRC Timeline (click on the image below for an enlarged view)
Astralweb can help you comply with all this new legislation.
Collate your 2008 usage for half hourly metered electricity and gas, together with a list of your half hourly meters. The Environment Agency - who is administering the CRC - is currently in the process of contacting all UK billing addresses with settled half hourly meters and providing them with Qualification Packs, to determine whether they qualify for the scheme.
April 2010 - The Carbon Reduction Commitment scheme officially begins.
1 April to 30 September 2010 Information Disclosure must take place during this registration period.
April 2011 - The 1st sale of allowances will take place in April 2011.
July 2011 - Each organisation must submit their Footprint Report by July 2011 and allowances must be surrended by this time.
October 2011 - The 1st Recycling Payment will be made with companies receiving their allowances plus/minus the bonus/penalty payment depending on their performance in the league table