Carbon Reduction Commitment (CRC) Energy Efficiency Scheme

We registered for the CRC Energy Efficiency Scheme in September 2010 as ‘full participants’. We took the decision to achieve the ‘early action metrics’ (EAMs) by installing Automated Meter Readers (AMRs) and applying for the Carbon Trust Standard, which is pending early 2011. Changes made in the Comprehensive Spending Review mean that revenues will no longer be recycled, however the purchase of allowances will now be delayed until 2012. We are taking full advantage of this delay to make further investments in energy-saving measures to reduce our CRC liability.