© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Are You Ready for ESOS?
Posted 17th April 2015

Are You Ready for ESOS?

Nearly three quarters of businesses (73%) have not started their mandatory energy audits to comply with the new ESOS legislation by the deadline of 5 December 2015.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Are You Ready for ESOS?
Image

Are You Ready for ESOS?

Nearly three quarters of businesses (73%) have not started their mandatory energy audits to comply with the new ESOS legislation by the deadline of 5 December 2015.

According to a new poll, conducted by Energy Live News, 61% of businesses surveyed have not yet appointed a lead assessor, with a minority of only 27% of businesses already ESOS compliant.

Under the new initiative large organisations in the UK* need to comply with the Regulations by measuring and reporting on energy use for a full 12 months across their sites or risk heavy fines of up to £50,000 plus extra charges of £500 per day (for up to 80 days).

The survey reported that 52% of organisations are citing lack of time and resources as the biggest barrier and 27% admitting identifying and collating data as the main challenge to complying with the scheme.

Darryl Mattocks, Managing Director of Enistic, energy management specialists, commented: “We are working hard to help organisations meet their ESOS obligations with as little pain as possible. Our Easy ESOS scheme is designed to take the pressure off. Starting with a free, no obligation scoping meeting, we can discuss the organisations energy consumption, available data, building portfolio, any industrial processes and transport in order to produce a tailored approach, time frame and fixed price for compliance.”

The poll also found that over half of the businesses surveyed have not yet appointed a lead assessor. This is amid concerns around supply and demand – with fewer than 500 lead assessors available for over 10,000 businesses who fall within ESOS.

Darryl Mattocks said: “The pressure on the limited number of lead assessors available to work on ESOS means that organisations really shouldn’t wait to act. The months from now until 5 December will fly by.”

According to the government, businesses could save £1.9 billion on energy bills, citing calculations that investing £15,000 a year on energy efficiency measures as recommended by the assessment could lead to bill savings of more than £56,000 per year.

Darryl commented “A monitoring and targeting campaign can identify significant energy savings for organisations averaging 28% but in some cases up to 45%. So the work in complying with the Regulations can bring opportunities to make some real cost savings.”

Categories: Legal


You Might Also Like
Read Full PostRead - Eye Icon
First Quarter Update – KBS Corporate
Finance
17/05/2016First Quarter Update – KBS Corporate

KBS Corporate is recognised as one of the UK’s leading providers of company sales services, offering complete project management and consultancy services to shareholders and owner managers who are considering an exit strategy.

Read Full PostRead - Eye Icon
Bureau van Dijk Adds Document Management to its Transfer Pricing Solution
Innovation
24/09/2015Bureau van Dijk Adds Document Management to its Transfer Pricing Solution

Bureau van Dijk, the leading provider of company information, has created a new documentation workflow tool to streamline report-preparation, management and compliance in relation to the new BEPS and country-by-country reporting requirements.

Read Full PostRead - Eye Icon
Student Finance: What You Need to Know
Finance
21/09/2020Student Finance: What You Need to Know

Student finance has always been a difficult topic, but it's even more so nowadays. The pandemic situation and resulting economic problems have forced many students to apply for student finance. This may be the only way for some students to apply for higher edu

Read Full PostRead - Eye Icon
Sight and Sound Success
Innovation
11/03/2021Sight and Sound Success

The value of the audio-visual market has increased dramatically over the last few years. Companies in every industry have taken on the amazing potential of this technology, which has led to the rise of companies specializing in this field. The most impressive

Read Full PostRead - Eye Icon
Ambienta Acquires a Majority stake in SF-Filter AG
Finance
09/02/2016Ambienta Acquires a Majority stake in SF-Filter AG

Ambienta, the largest European private equity fund specialised in environmental businesses, today announced it has acquired a majority stake in SF-Filter AG, Zurich, a successful specialist for filter solutions with sales of about CHF 80 m.

Read Full PostRead - Eye Icon
Success as a CEO  in Drug Development
Leadership
26/06/2017Success as a CEO in Drug Development

Under the Business Elite Awards 2017, the exclusive CEO of the Year - Italy award when in the direction of Francesco Sinigaglia, CEO and cofounder of Anabasis. We spoke to the man himself to find out more about his key role in the company, before he sold it to

Read Full PostRead - Eye Icon
CEO of the Year
Innovation
02/02/2016CEO of the Year

Delta Network System Ltd. is the core entity of DNS group, with the vision of providing best solution for advanced networking and integration solutions and services.

Read Full PostRead - Eye Icon
The Smart City Technology Market is Expected to Be Worth More Than $27.5 Billion Annually by 2023
Finance
13/02/2015The Smart City Technology Market is Expected to Be Worth More Than $27.5 Billion Annually by 2023

A recent report from Navigant Research examines the strategy and execution of 16 leading smart city suppliers.

Read Full PostRead - Eye Icon
What is Estate Planning And Why Is It Critical For Property Owners
Finance
20/09/2020What is Estate Planning And Why Is It Critical For Property Owners

Estate planning is essentially critical for those who are property owners in their later years, and there’s some good reasons for that classification too. Here’s why estate planning is critical for property owners.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow