14 DAY TRIAL // According to a recent press release made available to the general public by Great Britain's Ofgem (i.e. an organization intended to boost the country's energy efficiency by promoting a better management of existing gas and electricity supplies), British energy companies that fail to achieve energy efficiency standards are to be fined.
As explained in the report posted on Ofgem's official website, “Ofgem today warns energy suppliers and generators that they face the risk of enforcement action and fines if they fail to deliver Government-set targets to install energy efficiency measures for customers.”
In case anyone was wondering, the two official energy efficiency goals that have to be taken into consideration by said companies are the ones listed under the Community Energy Saving Programme (CESP) and the Carbon Emissions Reduction Target (CERT).
Business Green informs us that, although the deadline for seeing to the implementation of these energy efficiency targets is the 31st of December 2012, Ofgem is more than willing to take into consideration whatever green-oriented measures come in place shortly after this time limit as well.
Apparently, the reasons behind this compromise are as follows: provided that various companies fail to achieve their energy efficiency goals by the 31st of December, knowing that they can keep working towards fulfilling their obligations for a short while after the year 2013 makes its debut will keep them from simply giving up on the whole issue.
Commenting on this press release, the Managing Director for Ofgem E-Serve, Stuart Cook, made a case of how, “Today's message to companies and generators is clear, if you fail to comply with your CERT and CESP obligations by the December deadline you risk investigation and a possible fine.”
Naturally, the goal of this warning to British energy companies is that of seeing to the wellbeing of customers and the environment.
“I am pleased to see that the regulator is holding energy suppliers' feet to the fire on delivering against the targets for CERT and CESP,” commented on this news Energy and Climate Change Secretary Ed Davey.