With around 40% of organisations still remaining non-compliant four months on from the ESOS Phase 1 deadline (5th December 2015), we believe it’s essential for affected businesses to get a head start on Phase 2.
ESOS is still mandatory and STC Energy, part of Inspired Energy PLC, are actively managing Phase 2 auditing, reporting and implementation for existing and new customers. ESOS Phase 2 offers your business a number of benefits including a fresh look at your sites’ energy demands and the introduction of an energy reduction strategy.
Does ESOS affect me?
The Energy Savings Opportunity Scheme applies to UK organisations and their corporate groups that are large enough to meet the qualification criteria. The qualification thresholds are:
- any UK company that either:
- employs 250 or more people, or
- has an annual turnover in excess of 50 million euro (£38,937,777), and an annual balance sheet total in excess of 43 million euro (£33,486,489)
- an overseas company with a UK registered establishment which has 250 or more UK employees (paying income tax in the UK)
Why should I start ESOS Phase 2 now?
The deadline for ESOS Phase 2 is 5th December 2019. Although this deadline is still over 2 years away, here are 6 reasons why you should start now:
- Quality Lead Assessors are a requirement, and they are limited! Don’t panic! STC have a team of qualified ESOS Lead Assessors to complete, oversee or review energy audits, to ensure they meet the requirements of ESOS, and to sign off on the overall ESOS compliance submission.
- Beat your competition! By undertaking a Phase 2 survey now, more advanced energy reduction opportunities will be available to you.
- Make sure your organisation is compliant! As highlighted above, 40% of organisations were still non-compliant four months after the Phase 1 deadline, so don’t delay.
- Reduce overheads! Early adoption will help improve your business’s energy efficiency.
- Payment schemes! STC offer quarterly payment plans, so why not take advantage and spread the cost?
- Avoid penalties! Ensuring timely compliance avoids any possibility of incurring a fine. Non-compliances, such as failure to submit assessments on time, can incur a variety of penalties from the Environment Agency (EA) for the non-compliant company. These can range from publication of non-compliance on the EA’s website, to a £50,000 fixed penalty plus £500 per day.
So don’t delay, make a start and avoid any fines!
If you would like to find out more or would like to make a start on ESOS Phase 2 contact our energy management and compliance team today.
T: 0208 466 2950
This is a promoted article.