What is ESOS?
The Energy Savings Opportunities Scheme is a mandatory energy assessment scheme. Organisations might see this as another administrative burden, however it is a chance for companies to improve their energy efficiency and make some potentially significant cost savings.
Qualifying companies are required to comply with the scheme by ensuring that all of their significant energy usage across their buildings, industrial processes and transport is covered by one or more routes to compliance. This could be through ISO 50001, Green Deal Assessments or Display Energy Certificates.
If none of the above strategies are implemented, qualifying organisations must appoint a lead assessor to complete ESOS energy audits and reporting on their behalf.
The compliance deadline is 5 December 2019. Companies who are late with their reporting may be fined by up to £50,000 and/or a fine of up to £500 per each day of non-compliance, for a maximum of 80 days.
Do I qualify?
The scheme applies to all large companies and groups containing large companies, registered in the UK.
A large company is defined as having:
- 250+ employees*
- an annual turnover in excess of 50 million euro, and an annual balance sheet total in excess of 43 million euro
*For a UK registered company, employee is defined as anyone contracted to the company either in the UK or abroad, irrespective of the number of their working hours. For a non-UK registered undertaking, with a UK registered company, employee is defined as someone directly contracted to the undertaking who is subject to income tax in the UK.
I completed ESOS Phase 1, do I still need to comply with Phase 2?
Yes, if your company still falls under the above criteria, you will need to comply with ESOS Phase 2.
Give us a call on 01923 854770 to see how we can make ESOS work for your business.