Currently 2,600 of around 4,000 organisations required to register have done so, according to data obtained from the Department for Energy and Climate Change (DECC).
Launched in April 2010, the CRC scheme requires large public and private sector organisations to register with the Environment Agency (EA) by 30th September 2010. Eligible companies that fail to register by that date may be fined. The fine is set at a fixed rate of £5,000, then an additional £500 for each subsequent working day they fail to register, for a maximum of 80 working days. This means a firm could face a maximum fine of £45,000.
The BCC is arguing that the low response rates are the result of widespread confusion. Much of this confusion surrounds the obligation to sign up, even if your business does not use as much energy as is required to be a full participant in the scheme.
Commenting, Adam Marshall, Director of Policy at the British Chambers of Commerce, said:
“With just two days to go and over 1,000 companies still not registered, the Government must consider extending the deadline before slapping big fines on businesses.
“Confusion and a lack of effective communication have led to this situation, where many companies could be unaware that they potentially face substantial fines. We call on the Government to extend the deadline by two months and to more proactively highlight the need to register for the scheme.”