Who will it affect?
If your organisation meets the qualification criteria you will be obliged to register and participate in CRC. Where an organisation is part of a wider corporate structure, the highest parent organisation or an alternative nominated primary member must act as the participant on behalf of everyone in that group.
Organisations qualify for Phase 2 if during the qualification year (1 April 2012 and 31 March 2013) they had:
at least one settled half hourly electricity meter
consumed at least 6000 megawatt hours (MWh) or more of qualifying electricity supplied on the settled half hourly market
If your organisation meets these criteria you should have registered for Phase 2 of the scheme between 4 November 2013 and 31 January 2014. Some public bodies must participate in CRC no matter how much electricity they consume. These are known as mandated participants. All qualifying organisations must register as participants via the CRC registry.
CRC registration deadline
Registration for CRC phase 2 started on 14 November 2013 and closed on 31 January 2014.
Scheme Administration and Regulation
The Carbon Reduction Commitment (CRC) scheme is administered by the Environment Agency, which also acts as the regulator for England. The other regulators are the Scottish Environment Protection Agency (SEPA), National Resources Wales (NRW) and NIEA.
All participants have to pay a registration fee of £950. You pay this as part of your online registration process. The fee covers the administrative costs of carrying out organisational checks and opening a compliance account on the CRC registry.
An annual subsistence fee is payable to your Regulator, for 2014/15 the fee is £1290.
The annual compliance cycle for Phase II:
|Submit annual report||by 31 July|
|Ordering period for allowances in forecast sale||1 April to 30 April|
|Payment period for forecast allowances ordered||2 June to 20 June|
|Allocation period for forecast allowances||2 June to 15 July|
|Order buy to comply sale allowances||2 June to 31 July|
|Payment for buy to comply sale allowances||1 Sept to 19 Sept|
|Allocation of buy to comply sale allowances||1 Sept to 15 Oct|
|Surrender of allowances||Last working day October|
Use this account to:
- access and update contact details or organisation details
- notify the Environment Agency of any changes to your organisational structure
- submit your annual report
- order, buy, surrender and transfer allowances
- appoint an agent to act on your behalf
There is a screenshot guide which will help you to use the CRC registry.
For further information on the CRC, please contact us on 028 9056 9299 or email@example.com