FEATURE EDITOR’S CHOICE


Don’t get caught out: ENERGY POLICY AND REGULATION


Changes in policy and regulation often have a direct or legally-binding impact on your business – be it immediately or at some point in the future. With the General Election out the way and a new Government making its mark, there have been a number of developments in energy policy that you may need to be aware of, Mark Daniels, Head of Corporates Marketing & Development, E.ONexplains


1. GEORGE OSBORNE’S ENERGY TAX REVIEW


n a bid to help businesses manage their energy usage and navigate policy changes effectively E.ON has digested some of the key updates and changes from the first half of the year. From energy tax reviews announced in the Budget earlier this year to new rules for


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businesses on Maximum Demand advanced meters and the impending ESOS deadline, the company has pulled out the main policies and regulations that may impact your business, whether you’re a multi-site public sector organisation or a large consuming manufacturer.


Chancellor George Osborne announced a review of the business energy tax landscape – including the Climate Change Levy (CCL) and the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme – which will consider approaches to simplify and improve the effectiveness of these schemes and their interaction with other energy efficiency policies and regulations. The Chancellor said a consultation would be launched in the autumn of this year with a view to creating a “fair and more efficient energy environment for business that minimises administrative burdens and improves incentives for business to invest and grow”. It is worth keeping track of the outcomes of this review, should there be any changes that affect your liabilities.


2. CHECK IF YOUR BUSINESS WILL BE MOVED ON TO HALF-HOURLY METERING AND SETTLEMENT New rules are coming into effect for customers with Maximum Demand


Climate control from the smallest to the largest.


ENCLOSURES POWER DISTRIBUTION CLIMATE CONTROL


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