Trade Resources Market View Manchester United Topped The First Energy Performance League Table

Manchester United Topped The First Energy Performance League Table

Tags: CRC, Energy

CRC Performance League Tables Scrapped

Manchester United topped the first (and last) energy performance league table under the CRC Energy Efficiency Scheme

The government has confirmed that it will make dramatic changes to the CRC Energy efficiency Scheme.

The reforms, which were first announced in the Chancellor of the Exchequer's Autumn Statement, include the abolishing of energy performance league tables and the withdrawal of all state-funded schools in England from the scheme.

The government says it had made the changes to simplify CRC and reduce the administrative burden placed on businesses. It claims the changes will deliver a 55 per cent reduction in costs and save participants around £272 million in costs.

At the same time it said will review the effectiveness of the CRC in 2016 and assess alternative approaches that could achieve the same objectives.

The government said the tax element of the CRC, which was introduced at Spending Review in 2010, will be a high priority for removal when the public finances allow.

Climate Change Minister Greg 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."

Source: http://www.lighting.co.uk/news/latest-news/crc-performance-league-tables-scrapped/8640166.article?blocktitle=Latest-News&contentID=2731
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CRC Performance League Tables Scrapped
Topics: Metallurgy