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  • Inenco has 25TW (£2.4bn) energy under management, which could power the whole of Ireland for an entire year!
  • Our customers are paying 48% less than the market price for their gas commodity. That's a saving of £480k per £1m that would have been spent
  • Our experts process over 93,000 invoices per month and we've recovered over £11m in over-charges for our clients in the last year
  • Inenco look after 8,000 customers across the group, managing 140,000+ meter sites
  • We provide support to over 500 businesses for energy and carbon management
  • Our solutions team have identified savings of £37.5m per annum for our clients, a total of 495,338,992 kWh savings identified
  • Last year we saved our CCA clients alone £25.5m
  • Inenco are happy to report that we are Carbon Net Zero

Budget 2016: Inenco Response

16th March 2016

Budget 2016: Inenco response

Today’s Budget brings good news for businesses frustrated by the current complexity of carbon tax and reporting schemes, but the impact of abolishing the Carbon Reduction Commitment (CRC) and directly taxing businesses for every unit consumed means there will be winners and losers.

The CRC currently brings ca. £900 million of revenue to Treasury each year: smearing this across all CCL-paying businesses means many organisations will face higher energy costs, particularly for those not currently captured by the CRC. Energy efficiency will have to become a strategic priority for all businesses to mitigate rising energy costs from 2019.

The original objective of the energy efficiency tax review was to simplify schemes and reduce administrative burdens; the measures announced today have not fully addressed this: the consultations on a single reporting framework and energy efficiency incentives will be crucial to ensure April 2019 heralds a new dawn for the business energy landscape.