Climate Change Agreements Could Help Companies Save Thousands - Does This Apply to Your business?

Climate Change Agreements Could Help Companies Save Thousands - Does This Apply to Your business?

The Q&A will be all about how Control Energy Costs can help manufacturers save money with Climate Change Agreements. A Climate Change Agreement is a formal agreement whereby certain industries are eligible to pay a reduced climate change levy, otherwise, known as a CCL. The Climate Change Levy is an environmental tax for non-domestic consumers of energy and is charged against each kWh of energy used. Climate Change Levy has been slowly increasing, and this puts additional financial pressure on businesses that are energy-intensive. In a video published by Control Energy Costs, they state that if a company used 1,000,000 kWh they will currently need to pay over £8,000 in CCL fees. However, certain sectors can arrange to have a Climate Change Agreement put in place and this gives them a significant reduction on the Climate Change Levy part of their energy bill. For example, the £8,000 CCL would be reduced to £560 if there was a climate change agreement in place. The main manufacturing processes eligible are steels, ceramics, chemicals, food and drink, glass, plastics, and agriculture. There are in fact 53 processes included.

Date and Time

Tuesday, 13 October at 02:45pm

Duration

30 minutes

Event Type

Webinar

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