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Your Guide to ESOS

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Your Guide to ESOS

ESOS is new legislation that requires mandatory energy audits for large companies or enterprises. Although ESOS doesn’t require any further action to be taken after energy audits, your company could reap potentially huge benefits by going that bit further to investigate on-site energy savings.

In fact, Government figures estimate that energy savings could reach 13.5 times the amount of the cost of the initial energy audit!

In total there are 3 different routes to ESOS compliance: energy audits, ISO 50001 accreditation and DECs (Display Energy Certificates). The right energy consultant can help you use ESOS to your advantage.

The Energy Desk team is bright, enthusiastic and committed to helping companies like yours lower their energy usage and costs. Our Energy Strategy Reviews provide everything you need to be ESOS compliant so don’t risk a fine by doing nothing.

So what do you need to do?

  1. ESOS complianceBook a free consultation with The Energy Desk

We will then assess which route to ESOS compliance would be most suitable for your company. We recommend energy audits as this will help to prepare and protect your business against future energy-related legislation that could be introduced, but of course the final decision lies with you.

  1. Agree upon the chosen route to compliance

If you choose energy audits or ISO 50001accreditation you will need a lead assessor (TED) to carry out the review/accreditation. This will then need to be reviewed by a Board Level Director before the Environment Agency can be notified of ESOS qualification.

  1. See how much you could save!

Where will cost savings come from?

Your ESOS assessor will make recommendations for saving energy. Be it, using an alternative form of energy generation such as a biomass or solar system, or using technologies to provide greater control over energy-intensive systems or processes.

These recommendations must be cost-effective and energy saving so you can rest assured your investments in alternative solutions (if you choose to invest!) will pay off.

What else do ESOS audits offer?

Your initial ESOS audit creates a clear picture of your company’s energy usage and sets a benchmark for reduction in the future that you can easily monitor.

What are the deadlines?

Compliance with ESOS must be registered before 31st December 2014.

All energy audit paperwork must be submitted to the Environment Agency by 5th December 2015.

But don’t be fooled – conducting the energy audit and getting all the paperwork together can take longer than you think so get started now to make sure you’ve got plenty of time!

How much do energy audits cost?

It varies hugely from company to company. ESOS energy audits can cost anything from £5,000 to £50,000 – a fraction of your energy costs.

So if your energy audit costs £7,000, you can expect to save £94,000 in energy costs!

Why should ESOS energy audits be carried out sooner rather than later?

Because you’ll get in-year benefit, which removes worry if the ESOS cost isn’t budgeted for. The sooner you implement the recommended changes the sooner you’ll start to benefit.

ESOS auditors will be in high demand the closer the deadline gets, so the longer you leave it the higher the risk of not complying on time.

What happens if you don’t comply?

You’ll pay the price –literally! An initial fine of £50,000 and additional daily fines of £80 (up to a maximum of £40,000) will be implemented if you fail to comply with ESOS. Your company will also be named and shamed, additional fines will apply, and you’ll be forced to comply anyway.

So make sure your ESOS compliant before the deadline and start reaping the benefits!

Book a free consultation with The Energy Desk today and start your journey to ESOS compliance, energy reductions and financial savings.

 

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Your Guide to ESOS
2014-11-26T09:22:34+00:00
The Energy Desk