A Climate Change Agreement (CCA) is a voluntary agreement between UK businesses and the Environment Agency to reduce energy use and CO2 emissions over time. In return, these businesses receive a discount on their fuel and utility bills, known as the Climate Change Levy (CCL). In short, taking advantage of the CCA scheme helps both the environment and your bottom line—the very definition of a win-win.
There are two types of CCA: umbrella agreements and underlying agreements.
A business that has a CCA will measure and report its energy use and carbon emissions against agreed targets over set reporting periods—and if the business meets its targets at each stage, it will continue to be eligible for the CCL discount.
This could be up to 90% on your electricity bill’s CCL element, and 65% on other fuels. Depending on your business, this can lead to savings of thousands of pounds every year.
This might sound overwhelming, but the good news is—the Boxfish team can facilitate and manage your CCA throughout the whole process.