CRC and smart metering included in government's energy statement

This is worth taking a look at. It is the government’s statement of its energy policy to Parliament and includes sections on CRC policy and smart metering.

On CRC, the report says, Business needs assistance and encouragement to use energy more efficiently. Currently they face a confusing mix of regulatory incentives. While targeted at different energy users, Climate Change Agreements and the Carbon Reduction Commitment Energy Efficiency Scheme (CRC) can involve organisations in making information returns under both schemes.

The introduction of CRC has already increased attention on energy efficiency amongst the target group of large energy users and there are emerging signs of the financial and reputational drivers influencing participants’ behaviour. We will keep the operation of this scheme under active review with a particular eye on simplifying it and ensuring it properly incentivises those who do most to improve energy efficiency. We will aim to introduce changes ahead of the capped phase.”

A separate prospectus on a smart metering implementation programme has been produced which you can read here.