Countdown to ESOS Phase 3
Time is running out for companies to comply with the Energy Savings Opportunity Scheme.
Don't miss the boat on significant cost savings, improved energy efficiency and a reduced carbon footprint.
With the December deadline looming we’ve put together the following ESOS Phase 3 Fact Sheet:
- What is ESOS? ESOS stands for Energy Savings Opportunity Scheme. It’s a mandatory energy assessment scheme in the UK introduced by the Department of Energy and Climate Change (DECC) to help businesses identify cost-effective energy savings.
- What is ESOS Phase 3? ESOS Phase 3 refers to the third phase of the energy assessment scheme which started in December 2015 and runs till December 2023.
- Who is eligible for ESOS Phase 3? ESOS applies to UK organisations that employ 250 or more people or have an annual turnover of more than 50 million euros and an annual balance sheet total of more than 43 million euros.
- What are the requirements for ESOS Phase 3 compliance? To comply with ESOS Phase 3, organisations must conduct energy assessments of their buildings, industrial processes and transport, and report the results to the Environment Agency. The assessments must be conducted by a qualified Lead Assessor and must take place every four years.
- What are the benefits of ESOS Phase 3 compliance? Complying with ESOS Phase 3 offers a range of benefits including:
- Cost savings through identifying and implementing energy-saving measures
- Improved energy efficiency leading to a reduced carbon footprint
- Compliance with government regulations and a demonstration of commitment to sustainability
- Increased competitiveness in a market where energy efficiency is becoming increasingly important
- What happens if a company misses the ESOS Phase 3 deadline? Organisations that miss the ESOS Phase 3 deadline face significant financial penalties. The Environment Agency has the power to fine organisations up to £50,000 for failing to comply.
- How can companies ensure ESOS Phase 3 compliance? Companies can ensure ESOS Phase 3 compliance by appointing a Lead Assessor, conducting energy assessments, and reporting the results to the Environment Agency before the deadline. Neutral Carbon Zone can help deliver on all of these requirements and can ensure businesses meet their ESOS obligations.
ESOS Phase 3 is a mandatory scheme that offers significant benefits to organisations that comply with its requirements. To ensure compliance and avoid penalties, act now to meet the deadline.
Email us at firstname.lastname@example.org to get your compliance requirements in order and to benefit from a specific and targeted carbon reduction plan.
Start your journey to net zero today: https://www.neutralcarbonzone.com/