14/07/10…Advice for businesses as energy scheme deadline looms

Status: Press release – OXDORDSHIRE County Council is urging local businesses to seek advice about a national energy saving scheme being rolled out later this year.

From September, all businesses using more than 3,000 mega watt hours of electricity per year will have to register for the Carbon Reduction Commitment Energy Efficiency Scheme – aimed at providing a financial incentive for businesses to save energy.

With the sign-up deadline looming, businesses can visit www.oxfordshire.gov.uk/crcsos to find out how the CRC will affect them and use the council?s online carbon calculator www.carbonaccounting.org.uk to work out their carbon footprint.

Permits
Under the scheme, businesses and organisations will have to buy Government permits or allowances to cover the CO2 they produce. Over time the number of allowances available will be reduced, and their price will rise, making it cheaper for businesses to reduce the amount of CO2 they produce than to buy allowances.

The starting price for allowances will be