© 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
The Texan Company Making a Difference
News
26/07/2022The Texan Company Making a Difference

Since 2016, Sirvist HRC, LLC has been serving clients across the United States, supplying companies with effective human resources and talent acquisition solutions.

Read Full PostRead - Eye Icon
AI Adoption Angst: 9 Ways Leaders Are Suffering Inadequate Implementation
Innovation
29/11/2023AI Adoption Angst: 9 Ways Leaders Are Suffering Inadequate Implementation

In today's fast-paced and technology-driven world, Artificial Intelligence (AI) has emerged as a transformative force that holds the potential to revolutionize the way we work, make decisions and interact with technology. AI promises greater efficiency, data-d

Read Full PostRead - Eye Icon
The Short-Term Rental Investor’s Dilemma: Hospitality Business or Real Estate Asset?
Strategy
25/05/2026The Short-Term Rental Investor’s Dilemma: Hospitality Business or Real Estate Asset?

Short-term rentals sit awkwardly in an investor’s portfolio. On paper, they are property assets: purchase price, debt, an address, and eventual resale value. In practice, their returns often depend on the habits of a hospitality business, from nightly pricin

Read Full PostRead - Eye Icon
China, not Greece, Should be the Biggest Concern for Investors
Finance
09/07/2015China, not Greece, Should be the Biggest Concern for Investors

China’s stock market crash must act as a wake-up call for investors to urgently reassess their portfolios, warns the chief executive of one of the world’s largest independent financial advisory organisations.

Read Full PostRead - Eye Icon
Growth for Drive Medical Limited
M&A
17/06/2015Growth for Drive Medical Limited

Drive Medical Limited, a leading manufacturer and distributor of durable mobility equipment in Europe, has experienced significant growth following the acquisition of two companies.

Read Full PostRead - Eye Icon
Global Oil Price Fall Set to Impact on US Auto Industry
Finance
11/02/2015Global Oil Price Fall Set to Impact on US Auto Industry

Low oil prices will contribute to upside potential for the U.S. automotive market in the near term, according to a recent report from IHS Automotive, part of IHS, Inc

Read Full PostRead - Eye Icon
Towers Watson Acquires  Saville Consulting
M&A
08/05/2015Towers Watson Acquires Saville Consulting

Acquisition expands Towers Watson’s leadership and talent management offering and strengthens its position as a leading Human Resources (HR) software provider.

Read Full PostRead - Eye Icon
Ardian-backed Novacap purchases CU Chemie Uetikon
M&A
02/07/2015Ardian-backed Novacap purchases CU Chemie Uetikon

French chemicals group Novacap, which is backed by Ardian, has agreed to acquire CU Chemie Uetikon, a Germany-based maker of pharmaceutical substances. The seller is Equistone Partners Europe.

Read Full PostRead - Eye Icon
Fried Frank Harris Shriver & Jacobson LLP Advise Hormel Foods’s acquisition of Applegate
Finance
15/07/2015Fried Frank Harris Shriver & Jacobson LLP Advise Hormel Foods’s acquisition of Applegate

Fried Frank Harris Shriver & Jacobson LLP Advise Hormel Foods's acquisition of Applegate (Hormel’s largest deal $775 million)



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