© 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
Key Questions and Answers About Vortex Acquiring TerraForm Power’s Full Solar Portfolio
Finance
31/01/2017Key Questions and Answers About Vortex Acquiring TerraForm Power’s Full Solar Portfolio

The European energy platform Vortex has agreed to acquire 100% of a 365 MW operational solar PV power portfolio in the UK, which is currently owned by TerraForm Power. Vortex, managed by the private equity arm of EFG Hermes, entered into the sale and purchase

Read Full PostRead - Eye Icon
5G Endless Opportunities and Possibilities
Innovation
31/08/20235G Endless Opportunities and Possibilities

There has been a lot of noise recently about AI but the real game changing technology that will revolutionise services and industries is 5G standalone that will deliver faster speeds, lower latency, and increase reliability ensuring we are always connected.

Read Full PostRead - Eye Icon
What Steps are Involved in Onboarding New Employees Through the EOR Services?
Innovation
09/03/2026What Steps are Involved in Onboarding New Employees Through the EOR Services?

Onboarding new employees through an Employer of Record (EOR) service has become a popular solution for companies that want to hire workers in different countries. An EOR acts as the legal employer and handles all the paperwork, compliance, and administrative t

Read Full PostRead - Eye Icon
Managing Your Canadian Payroll: How to Avoid Penalties and Fines – 2023 Guide
Corporate Social Responsibility
16/05/2023Managing Your Canadian Payroll: How to Avoid Penalties and Fines – 2023 Guide

As an employer in Canada, managing your payroll accurately and efficiently is essential to ensure compliance with the country's complex tax and labour laws.

Read Full PostRead - Eye Icon
Property Acquisition CEO Secures Success
Leadership
08/10/2019Property Acquisition CEO Secures Success

London’s premier property Search, Investment, Development and Acquisition firm, Rehoboth has consistently delivered for the UK’s most prestigious property owners and developers. Rehoboth engages in development projects with industry partners to help allevi

Read Full PostRead - Eye Icon
Connecting to Success
Innovation
24/10/2019Connecting to Success

In a world that is increasingly focused on incorporating the latest technology and software, it is important to ensure that all industries have the ability to solve problems using high-performance computing systems. X-ISS is a cross-platform management and ana

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
Why Early Evidence Preservation Is a Business Risk Issue After Commercial Vehicle Crashes
Legal
27/01/2026Why Early Evidence Preservation Is a Business Risk Issue After Commercial Vehicle Crashes

The first calls after a commercial vehicle crash are usually practical. Someone alerts a supervisor. Dispatch tries to figure out whether the route can be covered. A customer asks where the load is. The safety manager starts building a timeline from the driver

Read Full PostRead - Eye Icon
People’s Bank of Zanzibar successfully deploys Bank-BI® AML from Pio-Tech
Leadership
05/11/2019People’s Bank of Zanzibar successfully deploys Bank-BI® AML from Pio-Tech

Pio-Tech the leading provider of Banking Business Intelligence and Performance Management Solutions in the Middle East and East Africa announces the successful completion of Bank-BI® AML project, which went live recently at People’s Bank of Zanzibar.



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