CRC to End and direct taxes CCL's on consumption, what will drive change now.
It will always be a cost. Whether it is the cost on energy, maintenance or productivity.
The original league table was a great idea, it encouraged companies to be the best of their peers.
Now companies see the benefit of just reducing energy and at the same time can also spend a bit less on building overheads.
Good lighting design and products will always help with mitigating cost rises.
Whilst the future of energy reporting is still uncertain, this month’s Budget confirmed that April 2019 will mark the end of the Carbon Reduction Commitment (CRC) and the transition to a single direct tax on consumption through the Climate Change Levy (CCL). Energy consultants Inenco have published their analysis on how the changes to energy taxes will impact energy costs – and the results are sobering. The value of CRC to Treasury is roughly £900 million each year. From April 2019, that cost will instead be added to the CCL and smeared across all businesses who pay it, pushing up the cost of the CCL from £5.60/MWh to roughly £12/MWh.