The Carbon Reduction Commitment Energy Efficiency Scheme (CRC) is due to come to an end in 2019 and there will be a transition to the new Streamlined Energy and Carbon Reporting (SECR) regime.
The new SECR framework will implement requirements that will apply to a much wider range of companies. However, companies that use up to 40,000KWh in the 12-month reporting period will be exempt from the framework.
The changes are part of a suite of policies being implemented as part of the government’s Clean Growth Strategy, to deliver on its ambition of enabling business and industry to improve their energy productivity by at least 20% by 2030.
SECR will apply to companies that have more than 250 employees, an annual turnover greater than £36m or an annual balance sheet of more than £18m.
It is highly likely that a number of businesses will be captured by SECR that have not taken part in mandatory reporting previously. Therefore, companies that are due to be affected should make sure that reporting and data collection processes are put into place prior to the introduction of the scheme in April 2019.
Now that ESOS surveying and reporting is in full swing, should you require any assistance with the upcoming SECR reporting then please contact Nick Phillips on 01225 867722 or email np@ energymanagementltd.com.
More information on SECR can be found here>>