CRC refund guide published by Decc

30th July 2013


Related Topics

Related tags

  • Mitigation ,
  • Reporting ,
  • Carbon Trading ,
  • Management/saving

Author

IEMA

The energy department has outlined how participants in the carbon reduction commitment (CRC) scheme can apply for a refund if they mistakenly surrender credits

Detials are in a six-page guide where Decc sets out the circumstances in which it will consider issuing a refund, what organisations need to do to make a claim and how long it should take to receive a repayment.

Under the CRC Energy Efficiency Scheme Order 2013, which came into force on 15 May, organisations subject to the CRC can request a refund from Decc for any extra allowances that they have surrendered as a result of reporting errors.

The guide states that refunds will be considered where a participant has surrendered CRC allowances in line with its reported emissions and subsequently discovered an error, or where an organisation has mistakenly registered to participate in the scheme and surrendered allowances.

It also confirms that repayments will only be available for credits that were bought from the government, and not those purchase on the secondary market.

The document includes extra guidance for those firms which have kept allowances purchased from the government and the secondary market in a single account, and for those which had problems ordering and surrendering credits for the 2011/12 reporting year as a result of glitches with digital certificates.

The guidance and the CRC repayment request form are available to download from Decc’s website.

Subscribe

Subscribe to IEMA's newsletters to receive timely articles, expert opinions, event announcements, and much more, directly in your inbox.


Transform articles

Weather damage insurance claims hit record high

Weather-related damage to homes and businesses saw insurance claims hit a record high in the UK last year following a succession of storms.

18th April 2024

Read more

The Scottish government has today conceded that its goal to reduce carbon emissions by 75% by 2030 is now “out of reach” following analysis by the Climate Change Committee (CCC).

18th April 2024

Read more

The Science Based Targets initiative (SBTi) has issued a statement clarifying that no changes have been made to its stance on offsetting scope 3 emissions following a backlash.

16th April 2024

Read more

While there is no silver bullet for tackling climate change and social injustice, there is one controversial solution: the abolition of the super-rich. Chris Seekings explains more

4th April 2024

Read more

One of the world’s most influential management thinkers, Andrew Winston sees many reasons for hope as pessimism looms large in sustainability. Huw Morris reports

4th April 2024

Read more

Alex Veitch from the British Chambers of Commerce and IEMA’s Ben Goodwin discuss with Chris Seekings how to unlock the potential of UK businesses

4th April 2024

Read more

Regulatory gaps between the EU and UK are beginning to appear, warns Neil Howe in this edition’s environmental legislation round-up

4th April 2024

Read more

Five of the latest books on the environment and sustainability

3rd April 2024

Read more

Media enquires

Looking for an expert to speak at an event or comment on an item in the news?

Find an expert

IEMA Cookie Notice

Clicking the ‘Accept all’ button means you are accepting analytics and third-party cookies. Our website uses necessary cookies which are required in order to make our website work. In addition to these, we use analytics and third-party cookies to optimise site functionality and give you the best possible experience. To control which cookies are set, click ‘Settings’. To learn more about cookies, how we use them on our website and how to change your cookie settings please view our cookie policy.

Manage cookie settings

Our use of cookies

You can learn more detailed information in our cookie policy.

Some cookies are essential, but non-essential cookies help us to improve the experience on our site by providing insights into how the site is being used. To maintain privacy management, this relies on cookie identifiers. Resetting or deleting your browser cookies will reset these preferences.

Essential cookies

These are cookies that are required for the operation of our website. They include, for example, cookies that enable you to log into secure areas of our website.

Analytics cookies

These cookies allow us to recognise and count the number of visitors to our website and to see how visitors move around our website when they are using it. This helps us to improve the way our website works.

Advertising cookies

These cookies allow us to tailor advertising to you based on your interests. If you do not accept these cookies, you will still see adverts, but these will be more generic.

Save and close