© 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
Ferag and Sparck Collaborate in ‘Game-Changer’ for Automated efulfilment
Innovation
19/11/2024Ferag and Sparck Collaborate in ‘Game-Changer’ for Automated efulfilment

In an ecommerce industry first, systems integrator, Ferag, and auto-boxing specialist, Sparck Technologies, have collaborated to develop a continuous ‘one touch’ process from order-picking to individual ‘fit-to-size’ boxes ready for despatch.

Read Full PostRead - Eye Icon
How the US is Improving Worker Safety in Construction and Related Industries
News
17/06/2024How the US is Improving Worker Safety in Construction and Related Industries

How the US is Improving Worker Safety in Construction and Related Industries Construction and several related industries are among the most hazardous, accounting for nearly 20% of all workplace fatalities in the US, according to OSHA. Ensuring worker safety is

Read Full PostRead - Eye Icon
5 Best Tax Firms in Oklahoma
News
29/10/20245 Best Tax Firms in Oklahoma

Hiring the best tax firm in Oklahoma is the key to navigating the state’s taxation complexities and maximizing your financial outcomes. With regulations and requirements constantly evolving, having expert guidance is essential.  If you’re look

Read Full PostRead - Eye Icon
How Multilingual Support Enhances Business Continuity and Crisis Management
News
20/05/2024How Multilingual Support Enhances Business Continuity and Crisis Management

Even in everyday circumstances, effective communication is a base level requirement for businesses operating worldwide. So when crises occur, it’s doubly important to maintain this minimum standard. This is where multilingual enters the picture, forming

Read Full PostRead - Eye Icon
US Deal Making Smashes Records
Finance
04/06/2015US Deal Making Smashes Records

During May US deal making hit an all time monthly high.

Read Full PostRead - Eye Icon
Investec appoints UK mid-market deal originator to its Corporate & Acquisition Finance team
Leadership
06/07/2018Investec appoints UK mid-market deal originator to its Corporate & Acquisition Finance team

Investec Specialist Bank (“Investec”) today announced the appointment of Tom Burgess to its Corporate & Acquisition Finance team.

Read Full PostRead - Eye Icon
Success as a CEO  in Drug Development
Leadership
26/06/2017Success as a CEO in Drug Development

Under the Business Elite Awards 2017, the exclusive CEO of the Year - Italy award when in the direction of Francesco Sinigaglia, CEO and cofounder of Anabasis. We spoke to the man himself to find out more about his key role in the company, before he sold it to

Read Full PostRead - Eye Icon
Success in the Mining Market
Leadership
29/07/2020Success in the Mining Market

Making a name for yourself in the world of business is no mean feat, especially if you’re a woman. With institutional biases and societal norms stacked against them, achieving success is something to be celebrated. Anna Stylianides is one of these names, ear

Read Full PostRead - Eye Icon
TJP Advised TTTech Computer Technology AG on Capital Increase of €50 million
Finance
20/04/2015TJP Advised TTTech Computer Technology AG on Capital Increase of €50 million

TJP advised TTTech Computer Technology AG on capital increase of €50 million resulting in Infineon and GE Ventures investing in TTTech Computertechnik AG, the technology leader in robust networked safety controls.



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