Energy bills could rise 50% after the Carbon Reduction Commitment scheme begins, according to Cyril Sweett
The mandatory emissions trading scheme, which will be launched in April and come into force fully in 2013, aims to encourage property owners and occupiers with annual electricity bills of about 拢500,000 to invest in energy-saving measures.
Research by Cyril Sweett reveals that by failing to make improvements, firms could add 30% to their energy bills. Of this, 40% is potentially at risk for the worst performers in 2014 and 50% in 2015
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