The department says initial discussions earlier this summer with a range of businesses, academics and other bodies identified concerns that the current suite of overlapping policies is ‘complex and administratively burdensome’, which is limiting their effectiveness.
Damian Hinds, Exchequer secretary to the Treasury said: ‘We recognise business concerns around the complexity of business energy efficiency policy and we want to create a simpler and more stable environment.
‘This will in turn help increase the productivity of our businesses and boost our economy, while at the same time delivering on our commitment to save carbon.’
The review considers the interactions between business energy efficiency policies and regulations, including the Climate Change Levy (CCL), the Carbon Reduction Commitment Energy Efficiency Scheme (CRC), taxes on other fuels – e.g. heating oils, Climate Change Agreements (CCA), mandatory greenhouse gas (GHG) reporting, the Energy Saving Opportunity Scheme (ESOS), Enhanced Capital Allowances (ECAs), and the Electricity Demand Reduction (EDR) pilot.
