Energy

The Autumn Statement sets out reforms to ensure businesses in the energy sector who are making extraordinary profits contribute more. From 1 January 2023, the Energy Profits Levy will be increased to 35% and extended to the end of March 2028 and a new, temporary 45% Electricity Generator Levy will be applied on the extraordinary returns being made by electricity generators.

The Energy Price Guarantee (EPG) will be maintained through the winter, limiting typical energy bills to £2,500 per year. From April 2023 the EPG will rise to £3,000.

The government is also setting a national ambition to reduce energy consumption by 15% by 2030, delivered through public and private investment, and a range of cost-free and low-cost steps to reduce energy demand.

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Our Offices

Rochdale
CCM | Carter, Collins & Myer, Chichester House, 2 Chichester Street, Rochdale, Lancashire OL16 2AX

01706 860255

Ashton
CCM Ashton, Shaw House, 1 Shaw St, Ashton-under-Lyne OL6 6QJ

0161 339 5689

Bolton
CCM Green & Co, Hamill House, 112-116 Chorley New Rd, Bolton BL1 4DH

01204 497247

Carlisle
CCM Carlisle Ltd, Solway House Business Centre, Parkhouse Road, Kingstown, Carlisle CA6 4BY

01228 830803


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The term ‘Board Director’ is used to refer to a statutory director and principal of Carter Collins & Myer Ltd as registered at Companies House. Any other designations that include the term ‘Partner’ or ‘Director’ are not registered statutory directors or principals and are marketing terms used to describe representatives of the company.

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