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ARTICLE · 20 JUNE 2011

CRC Energy Efficiency Scheme - Still There, But Changing!

Charles Russell Speechlys LLP
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Following the coalition Government’s Spending Review 2010 ("SR2010") last October, certain timing changes have been implemented to the CRC Energy Efficiency Scheme.

United KingdomEnergy and Natural Resources
David Berry
David Berry

Changes announced

Following the coalition Government's Spending Review 2010 ("SR2010") last October, certain timing changes have been implemented to the CRC Energy Efficiency Scheme. In addition, the Department for Energy and Climate Change have issued various discussion papers with a view to gathering opinions as to how the Scheme might be simplified.

Accordingly, our briefing note of June 2010 ("CRC Energy Efficiency Scheme – Early Action Required!") needs to be read in the light of these developments, which are briefly outlined below.

Meanwhile, compliance obligations continue, not least the obligation on participants to submit an annual report for 2010/11 by 29th July 2011. Failure to do so will result in fines and other penalties.

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