Financial directors not confident about CRC registration 30 September 2010

One in five businesses registering for the CRC (Carbon Reduction Commitment) Energy Efficiency Scheme may not have submitted the correct information, according to research released today by npower.

According to the power generator's experts, this not only highlights the confusion still felt by businesses ahead of today's registration deadline, but also means many organisations could face longer term problems under the scheme.

npower's study of 100 UK financial directors – which was conducted just two weeks ago – also reveals that nearly a quarter (22%) had not completed their registration and, of those that had, 23% found the process confusing.

An alarming proportion (24%) also report issues with compiling data from multiple sites across their business, and more than one in 10 didn't understand what was required of them. Astonishingly, one in five financial directors were also unaware of any guidance or advice available about the CRC, or said they had to do their own research.

Dave Lewis, head of business energy services at npower, comments: "This confusion could explain the high number of businesses that have left completing registration to the last minute and are unsure if they have submitted the correct data. We worked with a number of businesses to support their registration and part of the problem is that many failed to appreciate the full scale of the task."

And he adds: "While businesses have been focused on hitting the registration deadline, this really is just the first in a list of actions which need careful management if companies are to succeed in the scheme in the long term."

Brian Tinham

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