At Maia Energy, we understand the importance of complying with Streamlined Energy and Carbon Reporting (SECR) regulations. This mandatory government initiative is designed to increase awareness of energy costs, provide valuable data to inform adoption of energy efficiency measures, and ultimately help organisations reduce their impact on climate change.
Maia Energy's team of experts will ensure that your SECR report is compliant and effective, helping you toward compliance, to reduce your impact on the environment and contribute towards mitigating climate change.
- Simplified SECR reporting process: Our data monitoring and contract management platforms, coupled with our bureau service for bill checking, provide an all-in-one solution for easy SECR reporting.
- Expertise and experience: By partnering with us for your SECR compliance needs, you'll gain access to our expertise and experience in the energy industry.
- Resources at your fingertips: Our resources are available to you when you need them, making it easier to comply with SECR regulations.
Who would benefit:
- Charities and large businesses that are required to comply with SECR regulations.
- Organisations who wish to simplify their reporting process and gain access to our expertise and resources.
Failure to comply with SECR regulations can result in significant penalties, making it crucial for businesses to invest in SECR compliance services. Contact us today to learn more about how our SECR compliance services can benefit your business.
SECR Compliance Reporting..
Criteria for mandatory SECR compliance...
- SECR Compliance is mandatory if you fall into TWO of the following categories:
- Your organisation has over 250 employees
- Your organisation has annual sales of £36 million or more
- Your organisation has a balance sheet of £18 million or more
- OR your organisation is part of a group that falls into 2 of the above 3 categories
- Organisations NOT falling into the Criteria for Mandatory SECR Compliance
- if public reporting of energy consumption can be deemed commercially sensitive
- organisations whose total energy use is 40MWh or less during a reporting period
- Public sector organisations are exempt from mandatory SECR reporting
Deadlines and Dates for SECR...
- SECR reporting periods are the same as your financial year dates
- SECR reports are submitted to Companies House at the same time as your accounts
- Your SECR report is due in your Directors Report which accompanies your accounts
- If SECR reporting is mandatory your accounts may not be accepted without SECR
What needs to be disclosed in a SECR report...
- Annual UK energy use (in kWh) relating to gas, electricity and transport fuel
- Greenhouse gas emissions (in tonnes of carbon dioxide equivalent (CO2e))
- An appropriate emissions intensity ratio such as emissions /square meter
- The methodologies used in the calculation of the required information
- Narrative of measures taken to improve energy efficiency in the reporting period
- In future years the prior year equivalent figures are needs to be disclosed
- Emissions from home working do not currently need disclosure in SECR reporting
Elements of SECR disclosure...
- Purchase of electricity for the organisation's own use, including for transport
- Gas consumed for stationary or mobile activities of the organisation
- Energy consumption from transport where the organisation is purchases the fuel
- Indirect payment for fuel such as train/coach/taxi is excluded from the report
- An organisation may elect to report these separately as Scope 3 emissions
Top pitfalls of SECR...
- Reporting CO2 and not CO2e in the SECR report
- Not stating a recognised methodology that has been followed
- No intensity metric published which provides an indication of efficiency
- Missing conversion to fuel consumed to energy consumed (kWhs) for transport data
SECR Report Implementation Stages
We establish energy consumption and energy saving measures taken during the SECR reporting period
- Establish number of buildings occupied.
- Establish total gas and electricity use for the SECR reporting period
- Vehicle fleet & fuel spend.
We create the report using our system of work and relevant GHG emission factors
The report for the designated period will include:
- Annual energy use in kwh
- GHG emissions in CO2e
- Methodologies use
- Measures to improve energy efficiency
- Comparison with prior year
We email the report to you for review and respond to any queries Read more...
The final report is available as a spreadsheet, or spreadsheet document
At Maia Energy, we are dedicated to providing high-quality SECR compliance services to businesses of all sizes. Contact us today to learn more about how we can assist you in meeting your SECR obligations.