With energy costs increasing substantially over recent years, CUB help our clients ensure they receive all the possible benefits and discounts to provide relief.
CUB has been helping some of the UK’s largest and most energy-intensive companies to navigate the complex energy industry since 1994. More recently, we have helped several of our customers to achieve significant savings from their energy bills through government-backed schemes.
Due to the decline in UK industry and the increasing cost of electricity, the government has put in place a number of measures to relieve Energy Intensive Industries of some of the “non-energy” charges, which have added a significant cost to all electricity bills.
The schemes are explained in brief below:
This scheme is designed to relieve highly intensive energy users from the costs of RO (renewables obligation). CFD (contracts for difference) and FIT (feed-in tariff) costs. All these costs have been passed onto end users by the energy suppliers as they are being charged to the suppliers. These cost elements derive from a desire to incentivise investment in UK electricity generation for the future; however, the severe impact of these charges now and in the future is having a long and lasting effect on the end user.
The EII exemption scheme is aimed at several energy-intensive industries, and the qualification criteria are initially based on the industry NACE code. There is then an intensity level test which ensures only businesses with a particularly high electricity cost percentage in their product qualify.
This scheme has quite a narrow band of qualifying businesses and is aimed at the more traditional and very energy-intensive industries.
The EU ETS (European Union Emissions Trading Scheme) and CPS schemes aim to create a fair and level market across the European Union for trading carbon to keep a cap on carbon emissions across all EU member states.
As with the RO/CFD scheme above, businesses must pass an intensity level test to ensure full qualification.
The cost of CCL (Climate Change Levy) has increased since it first appeared on bills in 2001. More recently, it has been announced that this will increase significantly over the next few years following the cessation of the CRC Energy Efficiency Scheme.
Industries which carry out mineralogical or metallurgical processes are entitled to 100% exemption from CCL charges for the element of their usage which covers this process within their business.
CUB can assess all required information to ensure that your business is receiving all the exemptions it may be entitled to. We do this on a no-win no-fee basis and will agree on a cost structure to share any savings that may be achieved before applying to any applicable scheme.