© 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
How to Prepare for Inflation and Prevent Money Problems
News
16/05/2022How to Prepare for Inflation and Prevent Money Problems

Many people have heard the term inflation. Is it really harmful to your personal budget? Yes, inflation means the cost of things increases, and it can affect all the things you purchase on a regular basis including groceries, fuel, and expensive items. Inflati

Read Full PostRead - Eye Icon
What Is the Best CRM Platform?
News
28/02/2025What Is the Best CRM Platform?

Customers are at the heart of any company’s mission, but juggling customer interactions across websites, live chats, social media and email can be difficult.  Whether you own a small startup or a large multinational corporation, customer relationshi

Read Full PostRead - Eye Icon
Pre-M&A Security Risks & Liabilities Assessment – 5 Tips & Best Practices
News
18/01/2024Pre-M&A Security Risks & Liabilities Assessment – 5 Tips & Best Practices

In the high-stakes world of mergers and acquisitions, cybersecurity risks and vulnerabilities have quietly emerged as a key consideration and a crucial cog that can make the whole deal fall flat. During the process of taking over a company, the acquirer assume

Read Full PostRead - Eye Icon
AI and Humans, the Superheroes of Today
Innovation
02/01/2024AI and Humans, the Superheroes of Today

Businesses need to change the perception of AI from being the ‘villain’ to the invisible superhero that will augment employees’ roles and create more jobs. McKinsey Global Institute estimates that as early as 2030 AI could contribute to the creation of 2

Read Full PostRead - Eye Icon
KPS Capital Partners to Sell WWRD to Fiskars Corporation
Finance
11/05/2015KPS Capital Partners to Sell WWRD to Fiskars Corporation

KPS Capital Partners, LP announced that it signed a definitive agreement, through an affiliate, to sell its portfolio company, WWRD Holdings Limited to Fiskars Corporation.

Read Full PostRead - Eye Icon
Wesco Aircraft Acquired by Affiliate of Platinum Equity, Combined with Pattonair at Closing
M&A
13/01/2020Wesco Aircraft Acquired by Affiliate of Platinum Equity, Combined with Pattonair at Closing

The combined company, which will be headquartered in Valencia following closing, becomes a $2.4 billion business with a global footprint in 17 countries and more than 4,000 employees. The combined company will serve more than 8,400 customers, including many of

Read Full PostRead - Eye Icon
5 Things You Should Know Before Buying Your First Cryptocurrency
News
06/11/20235 Things You Should Know Before Buying Your First Cryptocurrency

Cryptocurrencies are fairly new in the investment world and raise some worry as a result.Plenty of websites offer advice for your first-time crypto purchase. Nonetheless, this remains a rather fresh investment opportunity, bringing along a degree of caution. E

Read Full PostRead - Eye Icon
Mountain Capital Acquires Zep
M&A
15/04/2015Mountain Capital Acquires Zep

Zep Inc. Enters into Definitive Agreement to Be Acquired by New Mountain Capital

Read Full PostRead - Eye Icon
Avoid These 6 Intellectual Property ‘Business Killers’
Legal
27/01/2023Avoid These 6 Intellectual Property ‘Business Killers’

According to JiNan, understanding patent trends can drastically protect existing intellectual property and increase valuation as businesses develop that which is new. However, she cautions that there are a few specific “business killing” myths and mistakes



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