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Climate Change Agreement

The CCA scheme has been extended until 2027

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CCA scheme

Climate Change Agreement Scheme Extended until 2027

The Spring Budget 2023 announced that the Climate Change Agreement (CCA) scheme has been extended until March 2027. All currently qualifying businesses will gain an extra two years of support while thousands more are now eligible.

This means an organisation like yours could qualify for CCL savings of up to 92% – but the clock is ticking. Applications must be made between 1st May and the 30th September 2023. Not sure if your organisation falls under the scheme criteria? Don’t delay – talk to one of our consultants before the deadline passes.

Starting your CCA journey is simple

Check Eligibility

The first step is understanding if your business qualifies. Speak to one of our CCA experts today and we'll quickly ascertain if you meet the criteria, as well as what level of support you can expect to receive.

Avoid admin overload

All applications will be processed by a relevant trade association. We'll help you meet their standards and the necessary compliance, alleviating the administrative burden that comes with applying.

Act quickly

There's only a short window of time available for applications, five months from May to September 2023. Certain trade associations also require you to submit your application up to four weeks beforehand; so don't delay.

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Significant cost saving opportunities

The Climate Change Agreement, first established in 2001, is an innovative government initiative. It's designed to reward eligible industrial sectors that make measurable changes to reduce carbon emissions with considerable discounts on their CCL charges.

Qualifying companies that meet targets and other obligations under the scheme, will receive reduced CCL rates until the end of the current scheme which has been extended until March 2027. Participants will also see significant energy bill savings from the energy efficiency improvements they make towards these targets.

The Government has temporarily reopened the CCA scheme for new applications, with the applications period 1st May 2023 to the 30th September 2023.

Significant cost saving opportunities

The Climate Change Agreement, first established in 2001, is an innovative government initiative. It's designed to reward eligible industrial sectors that make measurable changes to reduce carbon emissions with considerable discounts on their CCL charges.

Qualifying companies that meet targets and other obligations under the scheme, will receive reduced CCL rates until the end of the current scheme which has been extended until March 2027. Participants will also see significant energy bill savings from the energy efficiency improvements they make towards these targets.

The Government has temporarily reopened the CCA scheme for new applications, with the applications period 1st May 2023 to the 30th September 2023.

Benefits of a CCA

  • Energy efficiency: Gain considerable savings on your energy bills through the energy efficiency improvements made towards these targets.

  • Reduce carbon impacts: Make proactive steps to reduce your carbon footprint and stride towards an energy-efficient, low-carbon future.

  • Meet net zero objectives: Take positive action to tackle climate change and meet your net-zero targets.

  • CCL savings: Benefit from a significant discount to participating businesses on the Climate Change Levy (CCL) paid. Savings are up to 92% on electricity, 83% on gas and 77% on LPG.

Our approach

Advise

Advise on any corrective action, with on-going application maintenance to ensure compliance.

Assess

Assess your eligibility for the scheme and calculate the likely CCL cost savings.

Apply

Complete and submit the application on your behalf.

Review

Liaise with the relevant agencies and address any issues.

Report

Publish a periodic report, detailing performance against agreed CCA targets.

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Case Study

John Cotton

Trident has been managing John Cotton’s current Climate Change Agreement since 2007, helping them to secure a rebate of c.£1,400,000.

 

How Trident can help

Trident already assists a large number of UK companies with the implementation and ongoing management of their CCA.
Book a no-obligation meeting with one of our consultants today to better understand your eligibility for the scheme.