The decision makers, surveyed by Censuswide on behalf of npower Business Solutions, suggested that reduced energy costs would be the biggest benefit to this reporting framework change (58%), followed by increased energy efficiency (54%) and reduced red tape and reporting (45%).

It isn’t all talk by British plc. when it comes to this new regulatory change. In fact, 92% of decision makers surveyed intend to participate in the consultation and provide their opinion on the new reporting framework before it closes in January.

Mark Rose, head of npower Business Solutions, says: “It’s great to see such strong support from British plc. for the UK Government’s new proposed reporting framework.  Businesses can save up to 20% of their energy spend when they consider their usage strategically, whether that’s via demand side response opportunities or behaviour change.

“The reporting framework will help businesses identify their individual opportunities for increased efficiency and support them to remain competitive in a time of great change.”

There was no clear majority view from British plc. on how eligibility for the new reporting framework should be determined. Nearly half (48%) believe the eligibility should be based on minimum power usage, such as the Carbon Reduction Commitment (CRC); whilst 44% believe it should be based on size of organisation, such as the Energy Saving Opportunity Scheme (ESOS).

Currently, just over two thirds (69%) of businesses report on their energy use and carbon emissions through CRC, Climate Change Agreements (CCAs) and or the Mandatory Greenhouse Gas Emissions Reporting. Of that 69%, nearly all (91%) use the information gathered in their reporting to inform their energy management strategy.