With government compensation, UK manufacturing companies can save up to 15% on electricity bills
UK manufacturers who use large amounts of electricity can save up to 15% on bills.
This is especially welcome in the light of extra costs resulting from the government’s commitment to meeting carbon emission targets.
Extra charges related to the Renewables Obligation (RO) and Feed-In Tariff (FIT) can now be offset against a compensation scheme introduced in 2016.
RO and FIT compensation equates to around 1.7p/kWh per annum – saving up to 15% on electricity costs.
Claiming this substantial level of compensation will clearly help to maintain the international competitiveness of key manufacturing businesses.
Are You Eligible for Compensation?
The criteria are straightforward. To be eligible:
You must manufacture a product in the UK
You must operate in an eligible sector
Your company must pass a test based on electricity use and profitability.
Secure Your Compensation With Envantage
Through our experience and expertise in implementing government energy and carbon schemes, you now have a great opportunity to apply for compensation.
Since the RO and FIT Compensation scheme was introduced in 2016, Envantage has successfully obtained compensation for clients which has amounted to as much as £440,000/year in individual cases.
Talk to one of our consultants today. We will tell you right away whether you’re in line for compensation. The relief is available now (although it cannot backdated).
That’s why it’s advisable to act now. Eligibility for compensation could mark a turning point in your company’s financial performance.
Apply Today – the Envantage Way!
Work with us and you can start claiming compensation from DECC right away. We will advise you on how the scheme works and how we can help you implement each step of the claims process.
Envantage carry out all eligibility assessments, data management, calculations and reporting required for the scheme.
To set wheels in motion – and to take your first step towards securing your all-important RO and FIT Compensation – call Envantage today on 0800 054 2577 or email email@example.com.
What Our Clients Say
Manufacturers place a high value on the quick, substantial savings available when working with Envantage:
“Envantage identified a new significant financial compensation scheme that was open to our manufacturing sector, and now help us claim over £300,000 per annum. The scheme had strict eligibility criteria, complex rules and a short deadline to allow backdating. Jessica and her team worked quickly and professionally with us within this timeframe, demonstrating maximum eligibility of our site, and they now manage the scheme for us.
We were particularly impressed how the team at Envantage, especially Jessica Harris, worked very closely with our Plastek Management team to pull together all of the information we needed in such a timely and efficient manner.
Plastek continues to be extremely grateful to Envantage for their ongoing support which will benefit us in the future to hone our targets for energy usage, and to enable us to communicate our commitment to reducing our carbon footprint to our customers.”
Mick Shaw, General Manager, Plastek UK Ltd