Changes to the Climate Change Levy (CCL) Rates for Gas from 1 April 2024

The UK government has announced adjustments to the Climate Change Levy (CCL) rates for gas, effective from 1 April 2024. The CCL, aimed at encouraging reduced energy consumption and supporting the UK's net zero ambitions, will see a change in its rates for gas consumption.

What's Changing?

From 1 April 2024, the rate of CCL for gas will increase from 0.672 pence per kilowatt-hour (p/kWh) to 0.775 p/kWh. This move is part of a broader strategy to incentivise energy efficiency and the adoption of renewable energy sources among UK businesses. This also aligns the CCL rate for electricity and gas to the same level moving forwards.

Implications for Businesses:

This rate adjustment will likely impact your operational costs, emphasising the importance of evaluating and possibly revising your energy strategies. It presents an opportunity to explore energy efficiency improvements and renewable energy options, potentially mitigating the financial impact and contributing to environmental sustainability.

How We Can Assist:

As energy consultants, we're poised to guide you through these changes. We offer:

• Tailored advice on energy efficiency and consumption reduction.

• Guidance on renewable energy solutions and their benefits.

• Support with compliance and navigating the implications of CCL adjustments.

Act Now:

We encourage businesses to proactively assess their energy usage and consider strategic adjustments to align with the new CCL rates. Implementing energy-saving measures now can help manage costs effectively and support your journey towards a sustainable and efficient energy future.

For further information on the CCL rate changes and how they may affect your business, please get in touch with us. Our team is ready to support you in adapting to these changes and achieving your energy strategy and net zero goals.