Energy Savings Opportunity Scheme
WHAT IS ESOS?
ESOS is the government’s mandatory energy assessment and energy savings identification scheme, which applies to large undertakings and their corporate groups.
KEY DEADLINE – 5 Dec 2015
Many businesses to face 5-figure fines as they did not meet compliance by 5 December 2015 deadline
EXTENSION DEADLINE – 29 Jan 2016
Extension of 29th January has been given for businesses to appoint lead assessors & let the Environment Agency (EA) know they have started compliance by 29 Jan 2016
LATEST UPDATE: HAVE YOU MISSED THE 29TH JAN 2016 ESOS DEADLINE?
DO YOU QUALIFY?
UK businesses qualify for ESOS if they fit into one or more of the following categories:
- 250 employees or more
- Annual turnover exceeding £38,937,777.00 and an annual balance sheet in excess of £33, 486,48.00
- Part of a large group undertaking
TO BECOME ESOS COMPLIANT
Organisations are required to measure and submit energy audits across buildings, transport and industrial activities, making sure they meet standards set by the Department of Energy and Climate Change (DECC).
The original 5 Dec deadline has passed, but a discretionary waiver has been added, meaning that businesses under the ESOS scope must appoint assessors & let the EA know by 29 Jan 2016
There are numerous routes to ESOS compliance, however, overall responsibility rests with participants themselves, regardless of which route they adopt.
ESOS CASE STUDIES
The Environment Agency (EA) can now impose fines of up to £50,000 at any time – see here.
HOW WE CAN HELP
Our experienced energy consultants can explain and guide you through the compliance process, agreeing aims and objectives, carrying out energy audits, identifying cost-effective solutions, producing a final report for review and substantiation by a Lead Assessor and sign-off by a director/senior management. Provided all information is supplied in a timely manner, IU Energy will submit compliance notification to the Environment Agency by the deadline, or agreed period if the deadline cannot be met by yourselves.
IU Energy offers a fixed fee for delivery of ESOS compliance, which is tailored to the needs of individual clients based on factors such as the number of sites and complexity of work required.
DUNCAN BANKS, CEO AT IU ENERGY EXPLAINS:
“At least 12 months’ worth of audit data needs to be supplied so our advice is to act now if you haven’t already done so. We are already working with organisations, including a UK Top 100 law firm and multinational plc., so we can advise your organisation on what is needed to ensure compliance. Furthermore, there is a real shortage of Lead Assessors, so leaving it late now is very risky and more expensive, especially as we have now passed the official deadline.”
Past articles on ESOS: