Energy Savings Opportunity Scheme
What is ESOS?
The government’s Energy Savings Opportunity Scheme (ESOS) is the UK’s interpretation of Article 8 of the EU Energy Efficiency Directive. It is an initiative to lower carbon emissions and mandates that organisations undertake comprehensive assessments of energy use and energy efficiency opportunities at least once every four years.
The scheme is aimed at large commercial businesses. Those that qualify must carry out repeated audits, scheduled to happen every 4 years, to identify cost-effective energy saving measures. Brexit will not affect requirements.
We’re now in Phase 3 of the ESOS compliance scheme which started on 6th December 2019. All ESOS reporting must be completed, signed off and filed with the Environment Agency by 5th December 2023.
Does your business need to comply with ESOS?
You will need to comply with ESOS if your organisation has over 250 members of staff; or a turnover of over £44.1m or an annual balance sheet of over £37.9m; or is part of a larger organisation which falls into any of the above.
Non-compliant companies are facing fines of up to £90k. Balanced Energy can talk you through this compliance and help you make the right choice for your business.