Bills from energy suppliers could be reduced for firms across the UK if they change their energy practices in line with the upcoming Carbon Reduction Commitment (CRC), according to Carbon Clear.
The carbon management organisation said around 5,000 major UK businesses that spend £500,000 a year on energy bills may need to invest in new practices, but this could help them save money in the long-term.
James Ramsay, commercial director of Carbon Clear, added that a range of businesses, including hotels, insurance companies and banks will be affected by the CRC.
Mr Ramsay went on to say: "Our experience is that as soon as organisations start managing their carbon they start reducing it and if you cut carbon, you cut costs."
Organisations affected by the CRC will be expected to report their energy usage between 2010 and 2011, and then payments for carbon allowances will have to be made from the end of the following year.
The scheme is intended to get businesses to switch energy practices and the Department for Energy and Climate Change expects it to save 4.4 million tonnes of carbon dioxide every year by 2020.
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