- The Energy Savings Opportunity Scheme (ESOS) Regulations are regulations which apply to business with 250 employees based in the UK or elsewhere, have an annual turnover of €50,000,000 or a balance sheet value in excess of €43,000,000.
- Participation is not discretionary
- It is enforced, rigorously, by the Environment Agency
- Penalties for non-compliance can be severe
What is the Energy Savings Opportunity Scheme (ESOS)?
ESOS is a regulatory scheme which requires business or a size above certain prescribed thresholds to review aspects of their energy consumption.
Phase 2 of ESOS has already started, the qualification date for which is 31 December 2018, and requires one year’s energy consumption measurement between 6 December 2014 and 5 December 2019.
Compliance with ESOS is overseen by the Environment Agency and enforcement is followed through with fines which can start at £50,000 and rise to £90,000 in serious cases of none compliance. To June 2017 the Agency had served over 300 Enforcement Notices on organisations with a further 200 organisation due to be sent such Notices. The Agency is also reviewing 1,000 submissions from organisations which declared themselves outside of the scope of the Regulations, but following investigations Enforcement Notices are being served on organisations which were deemed to have made incorrect exemption statements.
West London Energy Assessors can assist eligible business within the scope of the Regulations achieved compliance, and has staff fully accredited to do so.