increase the main rates of Climate Change Levy (CCL) from 1 April 2019, to cover the cost of CRC abolition
— What does this mean? From April 2019 most business’s energy bills will increase due to the CCL increasing. The percentage increase has yet to be announced. Until then, CCL rates will rise with inflation.
increase the CCL discount for sectors with Climate Change Agreements (CCAs) to compensate equivalently for the increase in CCL main rates. The CCL discount for electricity will increase from 90% to 93%, and the discount for gas will increase from 65% to 78% from 1 April 2019.
— What does this mean? From April 2019 businesses with CCAs will see an increase in discounts above inflation, which will compensate for the increase in CCL, protecting those businesses from increased energy costs.
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