ESOS PHASE II DEADLINE: 5TH DECEMBER 2019
With less than 8 months left until the mandatory Energy Savings Opportunity Scheme deadline, it’s extremely important to begin your compliance procedure. Now is the time to start thinking about ESOS Phase 2, become compliant and avoid fines of up to £235,000. The Environmental Agency are encouraging all participants to start the process as soon as possible to avoid the potential of shortage of Lead Assessors, especially after the chaos experienced in the 6 month run up to the phase one deadline.
See ESOS as an opportunity
If you look at ESOS as an additional cost, that is all it will every be. But if you see it as an opportunity to investigate potential energy and cost savings, you may end up saving a lot more than you spend.
Analysis of a sample of the ESOS assessments undertaken by the Carbon Trust shows an average energy spend of approximately £1.8 million. The average reduction achievable through cost-effective measures was around 20 percent, which for business with an energy spend of £1.8 million would result in a saving of £360,000.
Why EECO2?
With EECO2, your Energy Assessor will not just complete a simple walk through, but the team will perform a full evaluation and detailed report, specifying all potential energy saving projects, leading to a higher chance of more savings for the site.
Get in touch with EECO2 about ESOS.
More information about ESOS from The Carbon Trust:
What is ESOS?
The ESOS Regulations 2014 bring into force Article 8 of the EU Energy Efficiency Directive and mandate that large organisations in the UK undertake comprehensive assessments of energy use and energy efficiency opportunities at least once every four years.
Who is affected?
The criteria for inclusion to ESOS is not entirely straightforward, but essentially it applies to any large undertaking that carries out a trade or a business (most commonly a Company), and any corporate group where at least one member of the UK group meets the ESOS criteria.
- A large undertaking is one that employs at least 250 people,
- Or has an annual turnover in excess of €50 million and a balance sheet in excess of €43 million.
- Most public sector bodies are excluded, but other organisations that receive some public funding, such as universities, may qualify.