Time is running out for UK cold storage to apply for climate scheme

The U.K. based Food Storage and Distribution Federation (FSDF), wrote in a press release yesterday, its “urging companies with cold storage sites who haven’t yet joined a Climate Change Agreement (CCA) scheme to do so quickly” before the applications date for the scheme pases in July 2018. Meaning they will not be able to get levy reductions under the scheme.

The scheme won’t reopen again until the end of the current scheme in 2023. 

 “By joining the FSDF as a Full Member an organisation would be entitled to a 50 per cent reduction on the annual CCA subscription fee”, FSDF chief executive Christ Sturman explained “Once signed up and approved as part of the FSDF’s CCA scheme, in return for meeting energy efficiency targets you will receive up to 90 per cent reduction in the Climate Change Levy [CCL] if your company commits to energy efficiency targets agreed with government, and will be able to apply for a rebate on any CCL charged.”

The CCA, which companies can also apply directly to, reduces CCL charges that the U.K. government levies at companies for their energy consumption from fossil fuels.

The FSDF CCA scheme is done in co-operation with the U.K. government and can mean big discounts for companies if they choose to monitor and report power consumption and cold storage volume on an annual basis “against the agreed FSDF CCA target of 11.7 per cent reduction in energy usage between 2008 and 2020”.

Companies are also required to come up with specific targets.

Increasing energy efficiency through using natural refrigerants is another way to reduce paying levy's under CCL.