Black Country Business: CBM urges Black Country manufacturers to claim energy tax rebate
Black Country manufacturers are being encouraged to take part in a Climate Change Agreement (CCA) that has saved metalformers £100m over the last twenty-five years.
The Confederation of British Metalforming (CBM) has successfully passed a major milestone based on the money claimed back against the climate change levy tax that is applied to all gas and electricity bills.
It has now reopened its window for new applications to come forward to be considered for the next phase that is currently being negotiated and will run from January 2026 until 2033.
This means that firms can sign-up to become a member of the CBM to access the agreement.
Then, by declaring that they are willing to work towards environmental improvements, will be able to access the 100% tax rebate on costs associated with metalforming (forging, drop forging, stamping, punching and precision bending for example), heat treatment and coating of metals processes.
‘Directly associated activities’, which include air compressors, area heating, lighting and process cooling, are also covered.
“Our CCA is a fantastic resource for high energy use Black Country manufacturers, who want to save money that they can channel into making their operations greener and more efficient,” explained Geraldine Bolton, Chief Executive of the Confederation of British Metalforming.
“The CBM agreement has been in place for 25 years and, on average, saves our members between £3.5m and £4.5m every year, that they would otherwise be paying in CCL tax.
“This has often been a 100% rebate for metalformers! And the good news is that we have a specialist team in place who can walk you through the application process and the other steps you need to take in order to make a successful submission.”
She went on to add: “We are currently negotiating with the Department for Energy, Security and Net Zero for the next phase, which means we can open it up to new entrants from 1st May 2025 for submission.
