CLIMATE CHANGE LEVY

KYOTO PROTOCOL TO THE UNITED NATIONS FRAMEWORK CONVENTION ON CLIMATE CHANGE

It is now widely accepted by most governments of the world that Carbon Dioxide emissions caused by burning fossil fuels, is leading to global warming. In an effort to focus the efforts of business' to consider 'carbon risk' the UK government introduced the Climate Change Levy (CCL) in April 2001. This forms an important part of the UK government's strategy to tackle climate change.

The climate change package includes energy efficient agreements with energy intensive sectors that could result in savings of 5 million tonnes of Carbon Dioxide emissions. The levy is designed to have a neutral effect, through a reduction of 0.3% in employers National Insurance contributions. The government has made ?150 million available for energy efficiency measures, renewable energy projects and the Enhanced Capital Allowance Scheme.

COST OF CLIMATE CHANGE LEVY PER KILOWATT HOUR:

The monetary value of the levy is dependant on the type of energy and is charged per kilowatt hour of energy consumed.

The levy is shown on your business electricity bill before VAT.

TONNE OF CARBON DIOXIDE

With all these values and figures being thrown around, it is easy to be confused. Picture this: an average household's use of fossil fuel results in over 6 tonnes of Carbon Dioxide being emitted into the environment in a single year. This is probably heavier than the average family car!

SAVE MONEY

Although the Climate Change levy is meant to be neutral, this levy represents an opportunity for all businesses to save money. In examining the way your site uses energy and by recommending efficiencies, MGI Group will enable you to reduce your electricity charges, thus minimising your Climate Change Levy.

Do you know how much Climate Change Levy your business paid last year? Would you like to reduce the amount of unnecessary tax you pay to the government? Would your corporate image benefit by better management of your environmental impact?

MGI Group are experienced in assessing the environmental impact resulting from energy consumption and providing practical solutions in managing down consumption. Give one of our consultants a call to discuss the potential savings for your business. Please call us on 01767-641-163 or email