In an energy crisis, it’s the cost saving that should be driving businesses to start ESOS, not compliance
The deadline for the Energy Savings Opportunities Scheme (ESOS) Phase 3 is on the 5th December, 2023, giving you 16 months to undertake the surveys and complete the submission.
There are some really good reasons why you should prioritise starting that now, for example:
- It allows you to choose the right ESOS Lead Assessor for your organisation, rather than having to settle for who is available (as this fixed deadline looms, availability will become increasingly limited).
- It allows ample time to gather all the energy data, accurately analyse it, ensure that the process is thorough and submit within the deadline (potentially avoiding a substantial fine).
While 16 months may seem like a long time, many businesses have underestimated what’s required and left themselves with a lot of work to do as the closing date approaches.
However, these reasons pale into insignificance in comparison to what should really be driving businesses to start the ESOS process and that is the costs they can cut during an unprecedented energy crisis.
Regard the ESOS submission process as not just as a mandatory necessity but as a strategy to survive the rising energy cost crisis
Your business energy price may not be capped, price limits are highly uncertain, and all businesses will need to formulate a plan to continue manufacturing, servicing, and trading over the next 6 – 12 months.
ESOS should be at the forefront of that plan and here’s why:
- ESOS is concerned with finding energy reduction opportunities, improving energy efficiency and so that means reducing consumption whilst helping your business save money.
- Implementing the opportunities identified from your ESOS energy audits will help save energy immediately as well as help with longer term savings through strategies and projects that you can implement to future proof your business (mitigating the impact of future energy cost fluctuations).