Thursday 23 September 2010

Up To 5,000 Firms Could Face CRC Fines Next Week

The Carbon Reduction Commitment (CRC) Energy Efficiency Scheme registration
deadline falls on September 30. Fines for non-submission could net the
government up to £1.5million

Around 5,000 businesses and public sector organisations have yet to register
for the CRC Energy Efficiency
Scheme, according to on365, an infrastructure and utility specialist. With
the deadline looming at the end of next week, fines of up to £45,000 on each
organisation could be levied.

A further hazard is that the Environment Agency's application process and
checks take up to four weeks. That means that companies applying today could
still miss the cut-off date. Companies failing to submit in time face an
immediate £5,000 fee and an additional charge of £500 per day, capped at
£45,000.

http://www.eweekeurope.co.uk/news/up-to-5000-firms-could-face-crc-fines-next
-week-9967

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