Energy Savings Opportunity Scheme (ESOS)
ESOS is a mandatory energy assessment scheme, taken every four years, for UK organisations of a certain size. The assessments involve a complete audit of the total energy consumption across the organisation's buildings, industrial processes and transport to identify opportunities to improve efficiency and reduce costs.
ESOS Phase 3, the current incarnation of the regulations, will end in 2024. So you know how to meet the obligations we've outlined the other key dates you need to consider.
Key dates for 2024
2024 is a pivotal year for ESOS-qualifying companies. It includes the ESOS Phase 3 deadline in June and is also the first full year of the ESOS Phase 4 compliance period. The below graphic highlights all the key dates from the onset of ESOS Phase 2 in 2019 up until the end of Phase 4's compliance period in 2027.
What businesses qualify for ESOS?
Unsure if your organisation qualifies for ESOS? Businesses that must comply will fulfill any of the following criteria:
- Employ 250 or more people
- Have an annual turnover in excess of £44m and an annual balance sheet total in excess of £38m
- Is an overseas company with a UK registered establishment with 250 or more UK employees (paying income tax in the UK)
How Trident can help
We’ve helped many businesses and organisations manage their audits and have a wealth of experience delivering a well-rounded and fully ESOS-compliant service. You can find out how we can help your organisation by booking a call with one of our ESOS experts through the form below.
Latest news
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ESOS Review: Lessons learnt from previous compliance cycles
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Trident features in the latest issue of Lancashire Business View
As the Energy Partner of Lancashire Business View, Trident were selected to host the latest round table discussion, featuring in the latest issue (119) of the Lancashire Business View magazine.
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Please call our team on 0345 634 9500 or email us at info@tridentutilities.co.uk.
