What’s next for ESOS compliant businesses?
ESOS compliance is mandatory, however implementing the recommendations of an ESOS audit is not. But companies that stand to truly benefit from ESOS are those prepared to go the distance by fully adopting and embracing their recommendations.
Your ESOS assessment report provides you with a comprehensive list of your energy saving opportunities. It gives you all the necessary information to prioritise and appraise opportunities in a structured way, and rank these according to criteria that make the most sense for your business.
Reducing your energy consumption
We all know that it’s important to save energy, we live in an age where energy is an absolute necessity to maintain our lifestyle and it goes beyond the basics of providing comfort and convenience. But despite this many organisations don't have a clear understanding of their energy uses and complying with ESOS regulations has been an eye opener for some.
Reducing your energy costs is one of the most straightforward ways for your business to improve its bottom line, making your organisation immediately more competitive. On average a business can reduce its annual costs by 20% through improving energy efficiency and energy management.
It's important to note that becoming more energy efficient does not necessarily mean investing a lot. Many worthwhile energy saving opportunities have low or no costs, such as installing or optimising lighting or heating control systems, changing the way you measure and monitor energy consumption, or spending time engaging with staff to change their behaviour.
Saving you money
The Department of Energy and Climate Change (DECC) figures suggest any action taken as a result of findings from ESOS audits could lead to an average 0.7% saving per enterprise, which is expected to provide a net positive benefit to the UK of between £800 million and £3billion, with a central estimate of £1.9 billion between 2015 and 2030.
ESOS is the latest in a range of schemes designed to reduce energy usage and its success depends on whether the boards of the nation's largest organisations decided to act upon the recommendations outlined in their audits.
So, what next?
Do you believe that your ESOS audit has identified all savings opportunities? Do you have a plan to implement the opportunities identified? Do you require an energy specialist to review your energy audit results and go through the options available to you?
TEAM can ensure that you maximise the benefits of the scheme and go through the most cost effective options available to you. Read more about TEAM’s ESOS Services on the website.
The next ESOS compliance deadline will be the 5th December 2019 but my advice would be to get ahead - implement your energy saving recommendations now. In doing so, businesses will save money and reduce their carbon emissions sooner than round two of ESOS.
TEAM is the UK’s leading supplier of carbon and energy management solutions. With over 500 customers in the UK and worldwide we specialise in energy management software, outsourced energy management services and energy consultancy.
TEAM consistently produces energy savings that exceed the cost of our services and products. Founded in 1985 by Managing Director Paul Martin, TEAM has customers from all sectors including Commerce, Industry and Government.
Visit our ESOS Services pages at www.teamenergy.com/team-energy-consultancy/
TEAM (Energy Auditing Agency Ltd.)
34 The Forum
Rockingham Drive, Linford Wood
Milton Keynes, MK14 6LY
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What’s next for ESOS compliant businesses? here
News-ID: 324682 • Views: 854
More Releases from TEAM (Energy Auditing Agency Ltd.)
Risk of fines for non-compliance of Heat Network Regulations for new builds
There is a growing concern with landlords and developers that they may face fines over the heat network regulations. The main issues are lack of awareness of the regulations, what the requirements are and the changing deadlines. The first phase of the Heat Network Regulations 2014 required participants to submit notification of communal and district heating systems by 31st December 2015. The original heat metering viability tool included within the notification
TEAM Provides Capacity Market Support for Pan-European Energy Company
TEAM Senior Energy Consultant completes first progress report for pan-European energy company. The Capacity Market (CM) was established as part of the UK Government’s Electricity Market Reform (EMR) Programme. Its goal is to ensure the future security of our electricity supply at the lowest cost to consumers by offering incentives to capacity providers for investing in more sustainable, low-carbon electricity. TEAM’s Capacity Market independent technical expert has completed the first six-month progress
Important Changes to the Renewable Heat Incentive Tariff
Non-Domestic Renewable Heat Incentive (RHI) tariffs are changing from 20th September 2017 as a direct result of last year's consultation. The changes will merge existing tariff bands for all solid biomass sizes; ‘small’ (less than 200kW), ‘medium’ (between 200kW and 1MW) and ‘large’ (1MW+) to create a single two-tier tariff band for all biomass plants. These amendments are the first part of RHI reforms announced by the Department of Business, Energy and
TEAM recovers more than £165,000 in billing errors for Scottish Council
With the help of TEAM Bureau's Outsourced Bill Validation Service, a large council based in Scotland has recovered just over £165,000 in billing errors since January 2017. TEAM Bureau receive and validate 700 of the council's electricity bills per month. Molly Calvert, Query Administrator for TEAM Bureau, was first notified of an uncharacteristic increase in consumption which was identified through TEAM's sophisticated automated bill validation in January, she explained: "There were a number
More Releases for ESOS
Engineering Services Outsourcing Market by Service, Scope, Analysis and Outlook …
Market outlook of engineering services outsourcing ESO refers to the outsourcing of specific engineering services. Engineering services are considered as a critical part of different verticals. Publisher's market research analysts expect the global engineering services outsourcing (ESO) to grow at a CAGR of close to 27% until 2019. Due to the lack of expertise and increasing pressure to reduce costs, companies have started outsourcing their engineering services requirements. The inherent benefits
ESOS Participants can start their ESOS auditing for the Phase 2 period now!
Did you know that Phase 2 of Energy Savings Opportunity Scheme (ESOS) has already started? The Environment Agency (EA), says organisations that qualify for Phase 2 of the scheme should start working on their energy audits and identifying energy saving opportunities now. The next ESOS compliance deadline will be the 5th December 2019 but EA's advice would be to get ahead – implement your energy saving recommendations now. In doing so, businesses
ESOS Enforcement Update from the Environment Agency
Up to 1,700 organisations are being investigated by regulators of the Energy Savings Opportunity Scheme (ESOS), it has been revealed. The Environment Agency says the organisations are being investigated because regulators believe they “may have been” required to participate in the scheme but failed to make a submission before the final deadline. ESOS is a mandatory requirement for all large enterprises in the UK. If a qualifying organisation doesn’t meet the deadline,
Global Engineering Services Outsourcing to grow at a CAGR of close to 27% until …
"The Report Global Engineering Services Outsourcing 2015-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" Description Market outlook of engineering services outsourcing ESO refers to the outsourcing of specific engineering services. Engineering services are considered as a critical part of different verticals. Technavios market research analysts expect the global engineering services outsourcing (ESO) to grow at a CAGR of close to 27% until 2019. Due
Ashridge Business School gains competitive advantage from recent ISO 50001 certi …
Ashridge Business School is a centre for management and organisational learning, renowned for its commitment to sustainability and seeking excellence in every aspect of its work. The school ensures its education, consulting and research work is consistent with the principles of sustainable development and this has been helped by its recent work with SGS United Kingdom Ltd in its certification to ISO 50001. Although the property is Grade 1 listed,
SGS BRIDGING THE GAP TO FURTHER ENERGY SAVINGS
(21 MARCH 2016, LONDON, UNITED KINGDOM) SGS United Kingdom Ltd is launching workshops to help ESOS compliant companies understand the benefits of moving from ESOS energy assessments to ISO 50001 certification – the only compliance route providing a framework to continually improve energy performance. Introduced by the government to improve energy performance and meet EU legislation, ESOS (Energy Saving Opportunity Scheme) specifies that businesses with more than 250 employees, €50 million