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How To Drive Value From ESOS Energy Audits

Date: 30 April 2015

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8 pages

Executive Summary

Before December 5, 2015, all large organizations in the UK must undertake an energy audit, as part of the Energy Savings Opportunity Scheme (ESOS). The Department of Energy & Climate Change (DECC) estimates there are approximately 7,300 organizations liable to comply with the scheme. With most UK firms already aware of ESOS and taking initial steps to investigate routes to compliance, now is the time for firms to determine the best way to respond. At a high level, firms can either 1)  take a ‘tick box’ approach to the new legislation to minimize compliance costs, or 2) use ESOS  as an opportunity to better understand energy consumption and get senior-level visibility for energy consumption and savings opportunities. This report helps energy managers, facilities managers and Heads of Compliance to understand the risks related to the ESOS scheme, and the key steps to maximize value from participation. Verdantix finds that taking a compliancecentric approach to ESOS will create zero benefits, as firms will simply incur the scheme costs – estimated by the DECC to cost upwards of £15,000 for the first audit – without any financial gain.  

TABLE OF CONTENTS

HOW TO DRIVE VALUE FROM ESOS ENERGY AUDITS

ESOS Requires Assessment Disclosure Before December 2015  
Taking A Compliance-Centric Approach To ESOS Will Create Zero Benefits  
ESOS Gives Energy Managers Leverage To Get Senior-Level Attention   
Energy Services Providers Should Look To Build Long-Term Relationships 

ORGANIZATIONS MENTIONED

Carbon Credentials, Carbon Trust, CMR Consultants, Department for Energy & Climate Change, EDF Energy, Ener-G, Elster EnergyICT, Environment Agency, Envizi, Nagel Langdons,  npower, Schneider Electric, Sustain, UtilityWise, Utilyx