© 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
Navigating the Cultural Biases of AI: A Guide for Businesses
News
22/04/2025Navigating the Cultural Biases of AI: A Guide for Businesses

From customer service chatbots to recruitment tools and creative brainstorming assistants, Artificial intelligence (AI) is rapidly becoming a workplace staple.

Read Full PostRead - Eye Icon
What are the Potential Issues with Mergers and Acquisitions?
M&A
28/11/2022What are the Potential Issues with Mergers and Acquisitions?

When two companies combine, it can help the new entity boost its market share and profits. The two main ways of achieving this are through mergers and acquisitions. Mergers occur when separate companies combine to form one company.

Read Full PostRead - Eye Icon
How Do Economic Trends Influence Mortgage Rates?
Finance
06/09/2024How Do Economic Trends Influence Mortgage Rates?

Navigating the waters of mortgage rates can seem daunting. With a clear understanding of how economic currents guide these rates, you can position yourself to secure an advantageous deal on your home loan. From the actions of policymakers to the whispers of ma

Read Full PostRead - Eye Icon
Riverbed: SD-WAN’s Latest Innovator
Innovation
05/12/2016Riverbed: SD-WAN’s Latest Innovator

Riverbed is a leading technology provider which supports applications, websites, networks, data centers, the cloud, and remote offices to work more efficiently.

Read Full PostRead - Eye Icon
Acquisition of IDS Broadens Sanne’s Alternative Asset Capabilities
Finance
15/03/2016Acquisition of IDS Broadens Sanne’s Alternative Asset Capabilities

Sanne Group plc has today entered into an agreement to acquire IDS Fund Services (IDS), an independent South African based provider of outsourced investment administration services to the asset management industrY.

Read Full PostRead - Eye Icon
SMEs Call for Stricter Payment Terms to Better Manage Cash Flow Npower Business Survey Reveals Cash
Finance
20/03/2015SMEs Call for Stricter Payment Terms to Better Manage Cash Flow Npower Business Survey Reveals Cash

Almost one quarter (23 per cent) of small and medium-sized businesses (SMEs) think that a Government led implementation of stricter payment terms would have a significantly positive impact on their business over the coming 12 months, according to an npower Bus

Read Full PostRead - Eye Icon
Thinking Outside the Box
Leadership
13/08/2019Thinking Outside the Box

Rosenbaum IP is an outcome oriented intellectual property firm, specializing in IP portfolio asset value building. We caught up with AI’s Leading Complex Intellectual Property Attorney of the Year, Illinois and Rosenbaum IP’s Chairman & CEO, David G. Rosen

Read Full PostRead - Eye Icon
Thesis Announces Acquisition and Growth Investment by SilverTree Equity
M&A
03/03/2023Thesis Announces Acquisition and Growth Investment by SilverTree Equity

Thesis, a provider of cloud-based, next generation university administration software, announced that SilverTree Equity, a leading private equity firm with deep expertise in technology and software businesses, has completed the acquisition of the company from

Read Full PostRead - Eye Icon
Understanding The Different Types of FHA Loans In 2022
Finance
08/09/2022Understanding The Different Types of FHA Loans In 2022

Most people looking to buy a house in the near future will also have to review the market for suitable loans.



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