LONDON (Reuters) - Some 7,500 British firms are expected to miss a September 30 deadline to register for the UK's new energy efficiency scheme, meaning they face fines of at least 5,000 pounds each ($7,644), an environmental consultancy said on Tuesday.
The mandatory Carbon Reduction Commitment Energy Efficiency Scheme (CRCEES), which began on April 1, forces businesses like banks, hotels, hospitals and schools to register with the Environment Agency and monitor energy usage.
According to the government, the scheme will help cut annually by 2020 UK greenhouse gas emissions by 4 million tonnes and corporate energy bills by 1 billion pounds.
