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SECR is a new reporting programme introduced by government to replace the CRC Energy Efficiency Scheme from 1st April 2019.

SECR will become mandatory for organisations in the UK who meet the following criteria:

  • Quoted Companies
  • Large Unquoted Companies (£36M+turnover, £18M+ balance sheet, 250+ employees in one year)
  • Public bodies which include limited company or LLP elements

If your organisation qualifies for SECR, then you will be required to report all energy use and associated carbon emissions within your Directors’ Reports/Company Accounts for the financial year concluding on or after 31st March 2020.

Unlike the CRC Scheme there will be no requirement to purchase allowances for your carbon emissions.  Revenue from CRC will be replaced by an increase in Climate Change Levy rates from 1st April 2019 which will appear on your utility invoices as a separate line item.

If you would like to find out whether your company qualifies for SECR, or if you would like to understand more about this new reporting requirement, please contact our Energy Team for a no obligation discussion.

Company Reg: 3259687. Reg Address: FPA Consulting Ltd, 1 St Andrew's House, Vernon Gate, Derby, DE1 1UJ. First Energy Solutions and First Quality Solutions are divisions of FPA Consulting Limited. 01332 604 321

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