CRC allowance purchase approaches. Are you ready? With less than three months to go until the end of the 2nd CRC reporting year, all participants should be preparing their Annual Report and budgeting for the first purchase of allowances. The Government has issued draft regulations on the CRC allowance purchase; the key features are below. Allowance price is confirmed as £12 for at least 2011/12. Allowances must be requested and payment made between the first working day of June and the last working day of July each year. A fee for issuing allowances can be levied on participants. The fee level is not stated  Download a more detailed briefing on these draft regulations. The CRC Energy Efficency Scheme The CRC is the UK's mandatory climate change and energy efficiency scheme. Formerly known as the Carbon Reduction Commitment, the CRC came into force on April 1st 2010. Any business who purchases energy on the half hourly market will have responsibilities under the scheme. The CRC will have a significant impact on those in the real estate sector, particularly now that revenue recycling has been withdrawn , including Cost of CRC allowances Impact on reputation Significant time and resource implications Jones Lang LaSalle has over ten years of experience in helping companies to develop and implement energy management strategies. Our team comprises professionals whose expertise lie in energy management. Jones Lang LaSalle can work with you to prepare your business for the CRC, helping you to effectively: PLAN to ensure compliance and manage cashflow. MONITOR energy use to ensure accurate data reporting and carbon allowance purchases. MAXIMISE energy efficiency, to improve league table rankings, =, reduced energy bills and enhanced public profile.   In addition to supporting companies to comply with the CRC, we can also provide a suite of energy management services including: Energy auditing, energy assessments and energy benchmarking Carbon footprinting analysis and carbon management strategy/energy management strategy Full energy portfolio management programmes  Capital projects, engineering, planning and management Micro-commissioning building management systems to improve performance Government's spending review Following the changes outlined in the Spending Review, Jones Lang LaSalle are monitoring the changes and implications on the real estate sector closely. If you would like to speak to a member of our team, please call us on 020 7399 5333 Contact For further information or to make an appointment to talk to a member of our CRC team, please contact: Alex Edds Associate Director 020 7399 5333 alex.edds@eu.jll.com