CRC will change the way business use gas and electricity

The new Carbon Reduction Commitment (CRC) Energy Efficiency Scheme is expected to change the way companies use gas andelectricity, experts believe.

The scheme, which came into force in April this year, makes it legally mandatory for companies to use IT and other technologies to reduce their carbon emissions and improve their business energy efficiency. 

Companies will also be required to buy carbon credits each year which will be able to buy and sell allowances.

It is believed business energy guzzling firms will be the ones most affected by the new regulations. Around 5,000 companies that consume the most energy will have to adhere to the CRC Energy Efficiency scheme.

"CRC is going to be a game-changer," said Harry Morrison, general manager of the Carbon Trust Standard Company. "It totally transforms the landscape for thousands of organisations."

The CRC Energy Efficiency Scheme forms part of the government's commitment to reduce CO2 emissions by 80 per cent by 2020.