ESOS Phase 2
Businesses are quickly approaching the deadline to complete ESOS Phase 2. Businesses have until the 5th December 2019 to complete stage 2 of the Energy Savings Opportunity Scheme (ESOS).
A compulsory government scheme aimed to lower energy consumption of large businesses operating in the UK. The Government has set out to reduce the usage by 20% by the year 2020, having introduced the scheme in July 2014.
Compliance with the second phase of the scheme must be completed and reported to the Environment Agency by the 5th December 2019. Requirements for businesses include those that operate with 250 employees or more. Have generated both, a revenue greater than €50 million, and have an annual balance sheet greater than €43 million. Or, businesses that are a part of a larger organisation that falls into either of these categories.
If a qualifying business doesn’t meet the deadline; it will receive a basic fine of £50,000, and additional fines of £800 per day, up to a maximum of 80 days.
How Ecusol Can Help
Ecusol can also support to your business through the process of becoming ESOS compliant and/or accredited to ISO 50001.
ISO 50001 is a certification that supports the improvement of energy management in businesses. ISO 50001 certified businesses comply with the regulations of ESOS, and so; puts your mind at ease. Ecusol will help you:
- Improve efficiency
- Enhance sustainability credibility
- Cut greenhouse emissions
Following the Phase 2 deadline, Phase 3 of ESOS will begin. Businesses need to consider their next steps in order to comply in 2023. Ecusol are here to help your business achieve the goals of the ESOS scheme. We will work through the process and be with you every step of the way to ensure your business is complies with the regulations, as well as unlock your potential energy efficiency cost savings.
For more information on how your business can best prepare. Contact Ecusol on [email protected] or 0191 228 6596.