On 3 June 2010, the Environment Agency sent out a newsletter with the latest news on the CRC Energy Efficiency Scheme (CRC), which includes a list of commonly made mistakes so far.
On 3 June 2010, the Environment Agency (EA) sent out a newsletter with the latest news on the CRC Energy Efficiency Scheme (CRC). This includes a list of areas of confusion and commonly made mistakes so far:
Groups: Some organisations have registered individually instead of as part of a Group. For more information on how the CRC applies to Groups in the:
Contact details of senior officers: Some organisations have not provided contact details of sufficiently senior officers. The contact details need to be in respect of those with management control of the Primary Member. In the case of companies, this should be a director.
Mandated Participants: Some Public Bodies have mistakenly thought they classify as Mandated Participants. Mandated Participants have to participate in the CRC regardless of whether they meet the Qualification Criteria (primarily central government departments and Public Bodies in respect of which the Secretary of State or the Welsh Ministers have issued a Local Authority Decision). All other Public Bodies have to assess whether they meet the Qualification Criteria in order to decide if they need to register as a Participant or make an Information Disclosure. For more information, see Practice note, CRC Energy Efficiency Scheme: impact on public sector organisations.
KWh v MWh: Energy data needs to be provided in meggawatt hours (MWh) rather than kilowatt hours (kWh).
AMR: Some organisations have misunderstood how they should calculate the benefit they can receive for the voluntary installation of Automatic Meter Reading (AMR) under the Early Action Metric (EAM). For more information, see EA clarification note.
Changes to registrations: The EA is in the process of producing guidance on how to make changes to an organisation's details once the organisation has completed its registration.
The EA has also published on its website a list of organisations that have registered and made Information Disclosures so far. Of the 5,000 or so organisations that are expected to be covered by the scheme, around 200 have registered as Participants. Of the 15,000-20,000 expected to have to make Information Disclosures, around 2,000 have done so. The deadline for registration and making Information Disclosures is 30 September 2010. For details of the penalties involved in missing this deadline, see Practice note, CRC Energy Efficiency Scheme: enforcement and penalties.
Reminder of key dates:
30 September 2010: The deadline for registering as a Participant in the CRC. However, Groups wishing to disaggregate a Significant Group Undertaking (SGU) must do so by 30 June 2010. The EA has asked organisations to contact them if they are unable to meet this deadline. This may be particularly relevant to private equity firms. For more information on disaggregation, see Practice note, CRC Energy Efficiency Scheme: overview: Companies and other types of Undertakings.
April 2011: The first sale of Allowances, where an unlimited number of Allowances will be sold at a fixed price of £12/tCO2.
29 July 2011: The first Footprint Report and Annual Report must be submitted.
October 2011: The first League Table will be published and the first Revenue Recycling payments will be made.
For more information on what happens when during each Phase of the scheme, see PLC timeline.
For more information on the CRC, see the CRC Survival Kit.