Tag Archives: ESOS Phase 3

  • -

Policy Update – Important News About ESOS Phase 3 Qualification

Tags : 

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

Does this affect your business?

If you are affected by ESOS, or if you are still unsure how the updates from the Environment Agency might affect you, we can help. Contact Envantage’s experts on 0800 054 2577, email savings@envantage.co.uk or complete our form to ask us a question.

Stay informed: Subscribe

Energy Compliance updates from Envantage Ltd

* indicates required

Please confirm that you would like to hear from Envantage Ltd:

You can unsubscribe at any time by clicking the link in the footer of our emails.