1. Up To 5,000 Firms Could Face CRC Fines Next Week

    da.feedsportal.com (Sep 22 2010)

    1. Up To 5,000 Firms Could Face CRC Fines Next Week Around 5,000 businesses and public sector organisations have yet to register for the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme, according to on365, an infrastructure and utility specialist. With the deadline looming at the end of next week, fines of up to £45,000 on each organisation could be levied. A further hazard is that the Environment Agency’s application process and checks take up to four weeks. That means that companies applying today could still miss the cut-off date. Companies failing to submit in time face an immediate £5,000 fee and an additional charge of £500 per day, capped at £45,000. (Read Full Article)

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