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Carbon Reduction Commitment (CRC Scheme)
The CRC scheme is designed to drive organisations to reduce their carbon emissions to help the Government achieve the reduction targets it has committed to. The scheme is levy based; put simply the more electricity you consume which is converted into tonnes of carbon emissions, the higher the annual charge.
Participants will be required, at the end of each tax year, to purchase carbon allowances based on the total actual electricity consumption you have made during that year, initially at £12 per tonne, but subsequently it is proposed this levy will fluctuate.
Climate Change Levy
In addition to the CRC Scheme, the Climate Change Levy (CCL) has been in place since 2001 and it is a levy on every kilo watt hour of electricity (kWh) you consume. It is estimated that these two schemes can add almost 15% to your electricity consumption costs.
Climate Change Act 2008
This act sets a legally binding target on EU member states to reduce CO2 emissions by at least 26% by 2010. By installing a Voltis unit you can not only save your organisation money but you will also significantly reduce your Carbon Footprint and reduce CO2 emissions in the order of 25%.