Optima recently attended EMEX 2018 where Gary Shanahan. Head of Business and Industrial Energy Efficiency, Tax and Reporting, BEIS delivered a seminar on SECR.

Some of the key points we took away from this were

  • Draft Guidance will be available for comment from the end of November 2018.
  • Guidance will be finalised and available from the end of January 2019.
  • Your first SECR report is required for the first financial year which starts on or after 1 April 2019. Therefore reporting for the first time will start in 2020.

The number of companies that will report the SECR information in annual reports increases from around 1,200 to 11,900.

Optima is in the process of developing an SECR software module.  This will be available next year well in advance of the first reporting round.  The module will provide the ability to provide detailed ongoing carbon reporting as well as the ability to produce the Annual Report for SECR.

Want to see more? Get in touch to arrange a demo

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About us
Established in 1988 originally as a partnership and incorporated in 1991, Optima develop and support advanced software for managing and analysing energy data for some of the largest energy users and consultants in the UK.

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