A survey of major energy users ahead of the government consultation into energy efficiency tax schemes has highlighted big issues with the current make up of schemes and a desire for a total shake up to the way energy and carbon is reported upon and taxes administered.
The in-depth survey of major energy users, conducted by one of the UK’s largest energy consultancies, Inenco, has highlighted that more than two thirds want to see the outcome of the autumn consultation result in fundamental changes to The Carbon Reduction Commitment (CRC). More than three quarters of respondents described current energy reporting as too complex and seven in ten respondents to see the CRC taxation removed or merged into the CCL.
The in-depth insight comes from a group of more than 30 major energy users ahead of the Government’s eagerly anticipated autumn consultation’ into energy efficiency taxes. The revenue neutral review was launched jointly by DECC (The Department for Energy and Climate Change), HMT (Her Majesty’s Treasury) and BIS (The Department for Business, Innovation and Skills) following the Summer Budget, in order to help reduce the administrative burden currently placed on businesses.
Inenco has urged businesses to help shape what goes into the forthcoming consultation paper through a campaign entitled ‘Have Your Say’. Businesses were encouraged to share their views on current schemes anonymously through an online platform.
David Cockshott, Chief Commercial Officer at Inenco, commented:
“Business views are both loud and clear: major energy users want the autumn consultation to achieve three aims: consistent reporting, consolidated schemes, and cost transparency.
The energy efficiency tax schemes in place are no longer effective and are the result of several government administrations introducing new schemes or amending others, creating an administrative headache for end users. I now hope to see the views from major energy users reflected in the forthcoming consultation.”
A copy of Inenco’s report can be downloaded at: Inenco.com/haveyoursay