Climate Change Levy Discount for Users of Carbon Fibre
NOTE: RETROSPECTIVE CLAIMS ARE FOR MAX 4 YEARS, SO AS OF APRIL 2018, YOU ARE LOSING OUT IF YOU HAVEN'T CLAIMED.
Briar Associates are an environmental consultant who have identified a scheme by which companies using carbon fibre can obtain exemption from the Climate Change Levy (CCL is a tax burden on site utility bills).
This could represent a substantial saving for you if your site energy costs are more than £50k per annum. All areas of carbon fibre usage qualify including intermediate ‘pre-preg’ & woven products and moulded/pressed carbon fibre components. No fees in advance. No energy reduction targets to meet.
Sigmatex has already received a rebate of £37,000 through this scheme. See article.
An additional energy tax reduction will result if your site or your group use more than 6MkWhpa of electricity, and have a tax burden under the CRC Energy Efficiency Scheme.
Briar Associates will assess your energy use related to the use of carbon fibre and establish your eligibility for the scheme. There are no fees in advance, these would only apply after you have received a rebate and/or a reduction in bills. In most cases savings can be back-dated to April 2014 (for a maximum of four years).