Utility Bidder Energy Insights 2022 - Flipbook - Page 16
Some industries are eligible for tax
claim
What is the CCA?
The CCA scheme was first established in 2001 and serves the
However, there could be some positive news for certain
dual purpose of making energy and carbon savings through
industry sectors as it was recently announced that the
energy efficiency targets whilst also helping to reduce energy
Climate Change Agreement Scheme is to be reopened –
costs in eligible industrial sectors by providing a significant
however, not many companies know about this or even
discount to participating businesses on the Climate Change
understand it. Essentially, the Environment Agency has
Levy (CCL). Targets provide a basis on which firms can make
reopened the Climate Change Agreement scheme to new
enhancements to the energy efficiency of their facilities over
entrants, in a wide range of industrial sectors with energy-
a set period, in return for reduced rates on their Climate
intensive processes, such as chemicals, paper and ceramics
Change Levy bills. It means they can also see substantial
to agricultural businesses such as intensive pig and poultry
energy bill savings from the energy efficiency improvements
farming.
they make towards these targets. The CCL discount currently
stands at 92% for electricity and 83% for gas.
However, firms only have until 31st March 2022 to stake a
claim. Your business could be eligible for a discount of up to
100% of the tax you will be paying on gas and electricity bills.
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