The Treasury has this month published a consultation aimed at simplifying energy efficiency policy for UK businesses.
In the ‘Reforming the business energy efficiency tax landscape’ the Treasury has proposed a system whereby the Carbon Reduction Commitment scheme would be scrapped in favour of a single business or organisation facing one tax and one reporting scheme.
Energy efficiency improvements
The previous policy had been criticised over its complexity, and for removing resources from the delivery of energy efficiency improvements on the ground.
Commenting on the new consultation, UK Green Building Council Senior Policy Advisor Richard Griffiths said: “Moving to a position where organisations are faced with just one key reporting scheme should help to free up organisations’ resources and allow them to focus on delivering energy savings, rather than administration. Likewise, rationalising the tax regime could provide a clearer spur for action, and help to kick-start commercial retrofit activity after a few relatively flat years.
“But neither of these things will, alone, drive the scale of change that we need to reduce emissions from our buildings. To do that, we need new incentives that significantly strengthen the case for businesses to not only identify energy saving opportunities but put them into action, and so it’s encouraging to hear that Government is open to new ideas in this area, especially in the light of recent cuts to support for renewables.”
To find out more about how your business could become more energy efficient, call Eaton Electrical today on 01509 414 222.
