What are the advantages of complying with ESOS?

ESOS, or the Energy Savings Opportunity Scheme, is a mandatory energy assessment and energy saving identification scheme for large organisations in the UK. The overall aim of ESOS is to reduce energy consumption, increase efficiency, and ultimately decrease greenhouse gas emissions. The deadline for submitting this year’s ESOS data is the 5th December 2023.

Complying with ESOS has several key advantages:

1. Energy Savings. The primary goal of ESOS is to identify opportunities for cost-effective energy savings. Through ESOS assessments, organisations can uncover potential areas of improvement that can result in significant cost reductions.

2. Compliance with Regulations. As ESOS is mandatory for large organisations in the U.K., compliance ensures that your organisation meets legal obligations and avoids penalties associated with non-compliance.

3. Environmental Stewardship. By identifying and implementing energy saving measures, organisations can reduce their environmental impact. This can enhance the organisation's reputation, appeal to eco-conscious consumers and clients, and promote corporate social responsibility.

4. Improved Efficiency. The energy assessments can uncover inefficiencies in organisational processes and infrastructure. Addressing these inefficiencies can improve the operational effectiveness of your organisation beyond just energy usage.

5. Competitive Advantage. In an era of increasing energy costs, organisations that effectively manage and reduce their energy consumption may gain a competitive advantage. Furthermore, improved energy management can contribute to a stronger, more resilient business model that is better equipped to deal with future energy price volatility.

6. Preparation for Future Legislation. Climate change legislation is continually evolving and becoming more stringent. By complying with ESOS, organisations are better prepared to adapt to future regulatory changes and potential energy-related challenges. This includes an increasing drive towards Net Zero greenhouse gas emissions – there is merit in ensuring that your approach to ESOS is consistent with your approach to Net Zero.

7. Employee Engagement. The process of conducting an ESOS assessment can involve employees at all levels, fostering a culture of energy consciousness and sustainability within the organization. This can lead to further energy saving initiatives and ideas.

So while ESOS compliance may be viewed as a regulatory burden, it can also be seen as a valuable opportunity for cost savings, efficiency improvements, and overall business enhancement.

For information on how Wattcraft can help you get the best out of ESOS, see here.