An important update for organisations worried about ESOS 3 qualification boundaries
The Environment Agency have solidified rules for the qualification criteria for the Energy Savings Opportunity Scheme (ESOS) Phase 3, alongside other important updates to the Scheme.
The move to GB Pounds (£) from Euros (€) means that qualification will no longer be affected by fluctuations in exchange rates.
Current Qualification Criteria
Your organisation is required to comply with ESOS if you meet the following criteria:
250 or more employees, OR
Turnover £44 million or more AND Balance Sheet £38 million or more
This replaces the previous criteria, which were subject to fluctuations in the £GBP / €EUR exchange rate:
250 or more employees, OR
Turnover €50 million AND Balance Sheet €43 million
The Environment Agency has been issuing Enforcement Notices to businesses in the UK who are covered by the Energy Savings Opportunity Scheme (ESOS). At Envantage, we are helping some of these businesses to comply and to avoid the potential penalties.
What to do if you have received an ESOS Enforcement Notice
It’s essential to comply with any Enforcement Notice you have received. If you’re not sure exactly what you need to do, Envantage’s experts can help.
Envantage Ltd have been helping businesses across the UK t o comply with ESOS requriements, so talk to us today. We can help.
Our customers have never failed an audit.
“The project team were excellent, very knowledgeable and quickly understood our requirements and the industry we work in. The final report was extremely helpful for us as a business – offering practical recommendations for our business to roll out.”
Identify savings for your business by using ESOS to your advantage
Your ESOS Energy Audit is intended to identify savings opportunities for your organisation. Not only can you avoid penalty costs by complying, but your business can secure sustainable ongoing bottom-line improvements.
Savings from 10% to 30% are regularly identified, so work to comply now and secure cost savings in your business.
Call Envantage on 0800 054 2577 today, or email your Enforcement Notice to us at savings@envantage.co.uk.
If you’ve been keeping up to date with ESOS, you’ll know that the deadline for submitting your notifications of compliance is 5th December 2019. So, why should you be looking at ESOS Phase 2 so early?
(If you haven’t been keeping up to date, keep reading: you probably need to know this.)
THE NOTIFICATION PORTAL IS NOW OPEN – WHAT DOES THIS MEAN?
On 8th February 2019, the Environment Agency’s ESOS notification portal opened, meaning that qualifying organisations can already complete all the steps needed for full compliance. If you’re not sure whether you are covered by ESOS, the qualification criteria are listed below.
By submitting your notification of compliance early, you will:
Be able to spend the rest of 2019 managing your business, without worrying about compliance submission deadlines
Avoid fines for non-compliance which can be up £50,000 plus £500 per day, and the risk of being ‘named and shamed’
Be best placed to make the savings identified in your ESOS reports
Secure Early Compliance – Avoid Submission Deadline Headaches
WHAT SAVINGS CAN YOU MAKE?
Typically our clients can make at least 10% saving by implementing no-cost or short payback recommendations from our work with them. Working alongside our experienced energy consultants, our clients are saving up to 30% against energy and emissions as a result of savings opportunities we’ve identified and prioritised.
DON’T MISS OUT – SECURE EARLY COMPLIANCE
Now that the qualification criteria have been fixed and the submission portal is open, let us help you to complete your compliance. Our highly experienced Lead Assessors and Energy Consultants have already managed over 300 ESOS compliance journeys for organisations like yours.
Simply call us on 0800 054 2577 or email savings@envantage.co.uk today to start making savings and stop worrying about compliance deadlines.
WHY USE ENVANTAGE FOR ESOS PHASE 2?
If you’re not already working with Envantage, ask us about our class-leading team and what it can do for you. We have unrivalled experience: our Lead Assessors and Energy Consultants have successfully managed compliance for over 300 ESOS organisations already.
We have worked throughout the UK since 2004 in all business sectors, using our experience to reduce costs and emissions. We strive to not only assure compliance, but we work with you to deliver a positive ROI for your efforts.
ASK US ABOUT EARLY COMPLIANCE
Call us on 0800 054 2577 or email savings@envantage.co.uk today. We’ll talk to you about your options and ease your worries.
The UK Government’s own guidance defines those organisations covered by ESOS as “large undertakings”, which are: – Any UK company that either (a) employs 250 or more people, or (b) has an annual turnover of more than 50 million Euro (£44,845,000) and an annual balance sheet total more than 43 million Euro (£38,566,700) – An overseas company with a UK registered establishment which has 250 or more employees who pay income tax in the UK
