Delaying on ESOS could damage your finances

The sooner businesses get moving on complying with the Energy Savings Opportunity Scheme (ESOS), the sooner they can take action to stop wasting energy and improve their profitability.

Tackle energy efficiency or feel the financial pain

In today’s climate of steeply rising energy costs and extreme wholesale market turbulence, businesses that fail to improve their energy efficiency will feel the financial pain.

Currently, power commodity prices are currently around 50% higher than they were six months ago. To add to this fiscal challenge, non-energy/ third-party costs are also dramatically increasing and now make up as much as 60% of an energy bill, compared to 30% of a bill only six years ago.

The simplest and most effective way of tackling rising energy costs is to use less energy, and an ESOS assessment offers a costed plan to achieve this. It shows you how to drive out energy waste at the least possible cost. That’s why it’s called an ‘Opportunity Scheme’!

Get up to £20 cash back on each £100 of energy spend

Our Lead Assessors completed around 150 ESOS audits in phase one and recommended opportunities to reduce total energy consumption by 5 to 20%. Those businesses that put our recommendations into practice could, therefore, benefit from up to £20 cash back on every hundred pounds spent on energy, which can amount to thousands of pounds worth of savings and help to offset rising energy costs.

Act now on ESOS to accelerate cost and carbon savings

Those that use ESOS to tick the compliance box and then let the report gather dust on a shelf, or who leave the process ’til the last minute are, therefore, missing out on the potential of big cost savings, as well as the opportunity to improve their carbon footprint.

Since the start of 2018, thousands of proactive businesses have started on their ESOS journey by beginning the process of gathering the required 12 months of business-wide energy consumption data, including buildings, processes and transport activities. This information must then be used to identify areas of significant energy consumption and energy saving opportunities, which are detailed in the ESOS recommendations report.

By acting now on ESOS, businesses can get a head start on improving energy efficiency, but they can also guarantee the availability of a Lead Assessor, who must verify the compliance process and can also provide expert support throughout. In phase one, limited availability of assessors caused last-minute bottlenecks and non-compliance issues for many participants.

Typical ESOS energy saving actions

Every site is different, but some of the key energy saving opportunities (many of them low and zero cost) identified by our ESOS Lead Assessors are:

  • Lighting – up to 40% of a building’s power demand can be attributed to lighting. Make more of natural daylight and consider high efficiency LED lighting technologies, which can help reduce costs by as much as 70% with rapid payback on investment.
  • Heating/hot water, ventilation and air-conditioning (HVAC) – space heating is a major source of energy waste and basic energy-saving improvements can cut costs by as much as 30%. Consider switching the heating off for the final hour of the day and keep boilers and other equipment regularly serviced to optimise efficiency. Use air conditioning sparingly and avoid heating and cooling areas at the same time.
  • Better energy control – thermostats and controls should be checked frequently. Overheating by just 1°C can increase fuel consumption by 8–10%. Use time switches to turn lighting and heating off when zones are not in use. Modern Building Energy Management Systems (BEMS) can make a big difference and achieve cost savings of 10 to 20% by ensuring improving optimisation across buildings and sites.
  • Insulation and pipe work – check the quality of your pipe work insulation. Improving insulation around roofs, windows and doors, particularly in heated or cooled areas, can also make a big difference.
  • Office equipment – Take steps to turn off IT equipment/photocopiers, etc., when not in use and never leave on standby for long periods. Up to 15% of an office’s power consumption can be attributed to office equipment.
  • Behaviour – Involve your employees in saving energy and ensure that everybody takes responsibility for cutting energy waste.
    Decentralised energy generation – see how you might achieve energy cost savings, improve environmental performance and increasing resilience by moving to low carbon on-site generation. Consider the feasibility of combined heat and power (CHP) or other low carbon/renewable technologies, such as solar photovoltaic and thermal, wind, heat pumps and biomass.
  • Refrigeration and chillers – in warehouses, retail settings and factories, high quality and well-maintained refrigeration and chiller systems can achieve up to 50% energy cost savings. Make sure that temperatures are optimised.
  • Compressed air systems – in industrial environments, switch off compressors after use and reduce air pressure to avoid huge energy losses from idling systems. Check regularly for leaks.
  • Keep on top of maintenance – wear and tear of plant and equipment can reduce energy efficiency, so monitor performance and undertake regular maintenance to keep assets operating optimally.
  • Drives and motors – Idling, dirty motors cause energy waste. Consider upgrading to higher efficiency versions. Fitting variable speed drives to pumps and fans can also be a big energy efficiency winner.
  • Power factor correction and voltage optimisation –  can improve energy efficiency and reduce consumption.

Contact us for expert help with ESOS compliance, and in optimising your energy performance and saving money on your bills. Call us on 0330 166 4444.