Legislation

Many businesses have reacted angrily to last week’s announcement regarding the CRC Energy Efficiency Scheme and the new ‘green stealth tax’.

Following George Osborne’s speech at the Comprehensive Spending Review, it now appears promised rewards for improved energy efficiency generated from CRC participants will no longer be returned back to high performing organisations. Instead the government will pocket an anticipated £1 billion per year, totaling £3.46 billion between 2010 and 2015. Within the new cap‐and‐trade scheme, organisations are required to purchase CO2 allowances at a cost of £12 per tonne of CO2 emitted, coming at a considerable expense to some organisations.
FIND OUT MORE ABOUT THE GREEN TAX

• Don’t Panic.
• What’s it all about?
• What do you need to do?
• Torse can Support the Process on your behalf.
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Don’t Panic

Only a relatively small number of Torse Clients will (at this time) be significantly affected by the initial stages of the CRC Energy Efficiency Scheme. For the majority it should only mean more ‘Government Red Tape’, sorry, I mean paperwork.

For most of our larger clients, there will be a requirement to be a FULL PARTICIPANT in the CRC Energy Efficiency Scheme commencing April 2010. Torse will be contacting those clients who we are not already in discussion with about the practicalities.

FIND OUT MORE ABOUT CRC

Businesses, the media, trade associations and intermediaries representing businesses have all been moaning (justifiably most would agree) about the increasing power of the Big Six energy companies. In practice, against the background of fairly arduous economic situation for all, suppliers have been ‘digging in their heels’ and now their strategic positioning; it’s no longer about acquiring new customers, rather squeezing increasing margins out of the ones that they already have and of course dumping customers where the required margins are missing.

SEE MORE ABOUT OFGEM

Torse has recently been in contact with the Environmental Technology Centre [ETC], a research institute at Nottingham University. The primary focus of the ETC is to provide a service to Small to Medium sized businesses whereby they are able to provide up to 5 days energy usage analysis of a business in terms of their premises and practices with a report featuring advice and recommendations at the end of this process.

READ MORE ABOUT ETC AND TORSE