With the final deadline for the Energy Savings Opportunity Scheme (ESOS) approaching, the Government has published a practical guide to help participating businesses act on their findings.
Having extended the original deadline of 5 December 2015 to 29 January 2016 following concerns that a large proportion of participants were lagging behind, around two thirds of companies falling within the scope of ESOS are now expected to comply on time.
ESOS requires all UK organisations with over 250 employees, a turnover of more than €50 million (£40 million) or balance sheet of €43 million (£34 million) to undertake specialist energy efficiency audits every four years.
The audits must cover at least 90 per cent of the participant’s energy use, with fines in place for companies that fail to show an effort to comply.
The scheme is designed to encourage large businesses to “look to the future” by identifying opportunities to cut their energy use and emissions. Even if participants just cut their energy use by an average of 0.7 per cent, the total cost savings accrued through ESOS would hit £300 million in 2016 alone.
Guide for participants
To help smaller businesses participating in ESOS which may not have in-depth experience of implementing energy saving measures, the Government has produced a practical guide to acting on the savings found during ESOS audits.
The guide provides an overview of the next steps involved in getting the most out of the opportunities identified during the ESOS audit and has been produced in collaboration with the Carbon Trust.
It provides information and advice on how to build a business case, convince decision makers, implement improvements, and monitor and verify results.
The guide also includes links to further resources such as advice on specific technologies and finding suppliers.
A separate energy efficiency guide has also been produced to help SMEs outside of ESOS criteria to make savings through simple no cost and low cost energy efficiency improvements.