Climate Change Agreements
Responsible Body:
Department of Energy and Climate Change (DECC)
Summary:
The Climate Change Levy (CCL) is a tax on the use of energy in industry, commerce and the public sector. The Government permits an 80 percent discount from the CCL if certain targets for improving energy efficiency and carbon emissions are met as part of a formal Climate Change Agreement with industry sectors or businesses.
Department of Energy and Climate Change (DECC)
Summary:
The Climate Change Levy (CCL) is a tax on the use of energy in industry, commerce and the public sector. The Government permits an 80 percent discount from the CCL if certain targets for improving energy efficiency and carbon emissions are met as part of a formal Climate Change Agreement with industry sectors or businesses.
Key Requirements:
Climate Change Agreements (CCAs) set the terms under which eligible companies may claim the discount. CCAs cover a wide range of industry sectors, from major energy-intensive processes to agriculture and the qualifying criteria for companies that could apply for a CCA have been extended. Now smaller companies that do not meet the size thresholds but would otherwise qualify are also eligible for a CCA (with a few exceptions).
CCAs have a two-tier structure and contain:
Sector-level agreements between Department for Energy & Climate Change (DECC) and the sector or trade association (known as umbrella agreements); and Individual agreements between DECC and the company (known as underlying agreements).
If you think your business may qualify for a CCA, you should contact your sector or trade association. They will be able to advise you on your application, or direct you to an alternative association.
For further information there are guidance papers which can be downloaded from the DECC website.
CCAs have a two-tier structure and contain:
Sector-level agreements between Department for Energy & Climate Change (DECC) and the sector or trade association (known as umbrella agreements); and Individual agreements between DECC and the company (known as underlying agreements).
If you think your business may qualify for a CCA, you should contact your sector or trade association. They will be able to advise you on your application, or direct you to an alternative association.
For further information there are guidance papers which can be downloaded from the DECC website.
Penalties & implications of non-compliance
Non-compliance with the terms of the CCA will mean a variation to the terms of the CCA will be required.
Further Information:
DECC: www.decc.gov.uk
NetRegs: www.netregs.gov.uk
Non-compliance with the terms of the CCA will mean a variation to the terms of the CCA will be required.
Further Information:
DECC: www.decc.gov.uk
NetRegs: www.netregs.gov.uk