What is ESOS?
ESOS (Energy Saving Opportunity Scheme) is legislation created by the Environment Agency. It involves obligatory energy assessment schemes for organisations and large enterprises in the UK.
Who Qualifies for ESOS?
The energy saving scheme applies to large undertakings and groups containing large endeavours in the UK that meet the qualification criteria. This includes any UK company that employs 250 or more people, has an annual turnover in excess of 50 million euros and an annual balance sheet of over 43 million euros. Overseas companies with a UK registered establishment that employs more than 250 UK employees can also qualify.
If your organisation qualifies for ESOS, an assessment will occur every four years. This is to audit the energy use of industrial processes, buildings and transport to correctly classify worthwhile energy saving measures.
It is mandatory for recognised ESOS corporations to notify the Environment Agency when they have complied with their ESOS obligations – this is by a set deadline. Learn about the ESOS Compliance Phase Two or read more about SECR, its impact on your business and how Ignite Energy can turn it into a positive driver for change.
Although ESOS will primarily affect large businesses, it can also apply to non-profit-making organisations and any other non-public sector with undertakings large enough to meet the ESOS criteria. If your organisation or business has been officially identified as large undertaking by the end of 2014, your establishment qualifies for the ESOS scheme.
Corporate groups in the UK will qualify if at least one member meets the ESOS definition of a considerable undertaking.
Why Choose Ignite Energy
Ignite Energy have considerable experience in ESOS, having assisted many of the UK’s largest businesses with audits and ESOS compliance. Contact us today to find out more.
You can also find out more about our full energy data analysis service.