6 months to go: our guide to the Energy Savings Opportunity Scheme
The 5th December deadline for Phase 2 of the Energy Savings Opportunity Scheme (ESOS) is only 6 months away, and companies should be engaging with an ESOS lead assessor now to avoid a last-minute rush to the finish line.
If you haven’t yet started, our straightforward ESOS Guide will help you to understand what the energy audit process involves, and how to offset the cost of compliance.
Are you affected by ESOS?
ESOS applies to you if your company, or a company in your group is considered ‘large’. That means any UK undertaking that:
- employs 250 or more people, or
- has an annual turnover in excess of 50 million euro (£44,845,000), and an annual balance sheet total in excess of 43 million euro (£38,566,700)
If you are an overseas company with a UK registered establishment which has 250 or more UK employees, then ESOS also applies.
You already have the data you need to comply
An auditor will need to review your organisation’s energy data and survey your sites in order to understand where energy is used – and wasted.
You need to have at least 12 consecutive months of energy data, but this can be from any time between 6 December 2014 and 5 December 2019. So you already have the data you need to complete your audits.
Offset the cost of compliance
Based on your energy data, your auditor will draw up a list of recommendations on how your organisation could save energy. Examples include insulation, building controls, low-energy lighting, and energy awareness campaigns. Implementing these recommendations isn’t mandatory, but could help you recoup the cost of the audit and even achieve long term financial savings.