© 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
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
The Race to Net Zero: How Businesses Can Cut Energy Costs and Carbon Emissions Simultaneously
Corporate Social Responsibility
15/04/2025The Race to Net Zero: How Businesses Can Cut Energy Costs and Carbon Emissions Simultaneously

Andrew King is the founder of SGT, a Buckinghamshire-based firm helping businesses across the UK find commercial energy tariffs that meet their needs while keeping costs low. Andrew explores how businesses can cut energy costs while also cutting down their car

Read Full PostRead - Eye Icon
Strive, Committed, Synchronised, Inspired
News
01/09/2022Strive, Committed, Synchronised, Inspired

Established in 1957 as Qatar’s first registered company, Milaha began its journey as a shipping agency, and it strategically developed over the next six decades to become one of the largest maritime and logistics service providers in the region.

Read Full PostRead - Eye Icon
Eurozone’s Exit from Deflation ECB a Pause for Breath
Finance
01/05/2015Eurozone’s Exit from Deflation ECB a Pause for Breath

Annual consumer price inflation across the Eurozone climbed up to zero in April 2015 after four months of consecutive declines, Eurostat reported this morning.

Read Full PostRead - Eye Icon
BGF announces further investment in SPEX Group Holdings Limited
Finance
24/01/2019BGF announces further investment in SPEX Group Holdings Limited

Aberdeen-headquartered SPEX Group Holdings Limited (“SPEX Group”) has secured a multi-million pound follow-on investment from its management team and BGF, the UK’s most active investor in growing businesses, to accelerate growth. BGF originally invested

Read Full PostRead - Eye Icon
What the Government’s New Insolvency Act Means For Suppliers
Legal
14/08/2020What the Government’s New Insolvency Act Means For Suppliers

As the country continues to combat coronavirus, the government has urgently fast-tracked a bill through parliament to provide support to businesses across the UK that may become insolvent in the fallout of the pandemic. One of the measures that has been introd

Read Full PostRead - Eye Icon
Privacy Risks & Data Security Considerations For Healthcare Interoperability
Legal
01/08/2022Privacy Risks & Data Security Considerations For Healthcare Interoperability

Healthcare interoperability makes it easier for clinics, hospitals, and private doctor’s offices to exchange patient information freely. Unfortunately, security risks increase as systems become more connected, making it hard to conform to federal and state g

Read Full PostRead - Eye Icon
Uxin raises US$170 million from Baidu, KKR and Coatue
Strategy
18/03/2015Uxin raises US$170 million from Baidu, KKR and Coatue

Leading Chinese used car auction company expands into B2C market

Read Full PostRead - Eye Icon
Coller Capital Expands Global Reach Through Strategic Partnership With Allfunds
M&A
17/06/2025Coller Capital Expands Global Reach Through Strategic Partnership With Allfunds

Coller Capital, the world’s largest dedicated private market secondaries manager, has announced a global distribution partnership with Allfunds.



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