Gauging the impact of latest moves in low carbon energy

September 25, 2013

The latest developments in the low carbon sector and their significance for Bristol’s burgeoning green sector will be highlighted at an event staged later today in the city.

Staged by Low Carbon South West and hosted by accountants Smith & Williamson, the event will have a particular focus on low carbon energy and energy efficiency, particularly the impact of the Energy Act 2011.

Speakers Dave Mouncey, corporate tax services – Smith & Williamson, and Richard Hill, head of property at Bristol law firm Gregg Latchams, will update the invited audience on various aspects of the industry to provoke informed debate and discussion.

Mr Mouncey will give an overview of recent developments in the energy sector that are having an impact on low carbon industry, including the cost impact of renewable energy subsidies on the electricity market, the effect of tax relief on fossil fuels on the development of the environmental sector and how increasing demand from abroad for low carbon technologies may help drive the industry.

Mr Hill will assess the impact of the Energy Act 2011, a key element of UK decarbonisation policy brought in to address the issue of carbon emissions from inefficient buildings. In 2018 it will become unlawful for a landlord to rent out a property that falls into the lowest energy efficiency ratings, of F or G, whether for domestic or commercial use.

Intended to drive a mass uptake of retrofit and energy efficiency measures across the country, the Energy Act 2011 will cause a mass shake up of the private rented sector and will affect landlords, tenants and investors alike, but it is surprising how many people are still unaware of these changes. Mr Hill will explain why there is still a lack of clarity over how the Act will be enforced, and where to find out how it will affect you, your business and your clients.



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