2. Energy and Climate Change Secretary Ed Davey has today called on the UK's 10,000 largest
businesses to work closely with the government to realise the £2.8bn a year of energy cost savings
that could be realised through the coalition's new Energy Savings Opportunity Scheme (ESOS).
For many businesses within the United Kingdom, financial pressures are being felt throughout every
boardroom. Financial directors are being tasked with cost savings, sales teams are driven to create more
accounts and most boardrooms are looking at areas that may offer financial savings to safeguard their
organisations.
Something that is emerging in many of these boardrooms are discussions around consistent supply of
energy and the added pressures that rising energy costs are bringing to every business.
Enter the “Energy Director” to the boardroom.
For many organisations, energy supply and costs are so critical to development and growth, not to mention
survival, that this role is now the must have for many.
THE FACTS
So just what is ESOS?
ESOS is the UK’s response to Article 8 of the European Commission’s Energy Efficiency Directive. The aim
is to cut carbon emissions by requiring large businesses to identify energy reduction measures. Thousands
of UK organisations will be affected by the scheme and it means that audits have to be completed by
December 5th next year, and DECC officials have warned that companies that fail to comply could face
fines of up to £10,000, significantly higher than the cost of a typical audit. This on top of the fact that rising
energy costs are causing real concerns does not bring good news for many.
What is my business required to do?
All companies, charities, and universities that employ more than 250 staff, have an annual turnover of £40m
or a balance sheet of more than £34m have to comply with the rules and the first step is to carry out an
energy audit conducted or overseen by an approved Lead Assessor once every four years. Audits will
include an estimate of total energy consumption, covering buildings, industrial processes, and transport,
and identify energy saving opportunities.
The audit must be signed off by a board-level director before being submitted to the Environment Agency.
The first deadline will be 5 December 2015.
shaping sustainable energy
edisonenergy
3. THE SOLUTIONS
Energy Efficiency and Independence with Edison Energy?
Although the compliance is driven at larger organisations, the facts are simple that for any business in this
economic climate, addressing the principals of ESOS offers advantages. By taking action, your business
has the ability to be more energy efficient, become energy independent, take effect for your bottom line
profits and in some cases offer a sales advantage to your supply chain.
This applies to many sectors, including Business to Business, Social Landlords, Charities and the Education
sector.
At Edison Energy, we have helped many organisations realise the power and advantages that energy
efficiency and energy independence offers.
We have a range of finance models available for sectors to take advantage of a low risk, or high return
transformation to renewable energy. These include;
• Funded Solar PV Finance Model – This offers the facility to take advantage of renewable energy,
with minimum outlay for your organisation.
• Joint Venture Solar PV Model – This model offers the facility of shared benefits, shared revenues
and a shared project management.
• Self Invested Solar PV Finance Model – Whether funded directly by the client, or through one of
our funding partners, our experienced procurement team will source all systems, manage
installation and provide maximum returns on investment.
All of the finance model options above are supported by our 20 year maintenance and system monitoring.
This means peace of mind that your investment is cared for and performing at all times.
JOHN CONWAY, HEAD OF OPERATIONS AT EDISON ENERGY COMMENTED:
“If nothing else, ESOS brings awareness that energy efficiency and energy costs are now fundamental in the
good management of any organisation today. Our enquiries and projects show the levels of interest in
renewable energy as not only a social and environmental approach, but simply a sound business decision
is growing rapidly.
To date we have installed over 8,500 panels, managing over 1,000 systems for clients and seeing revenue
returns in excess of £0.5M per annum.
These figures speak for themselves and show a commitment and confidence in renewable energy to Keep
The Lights On For The UK’s Businesses and Organisations.
shaping sustainable energy
edisonenergy
4. That encourages me and we at Edison Energy, we welcome it”.
Mr Davey stressed the scheme represented "smart", relatively light touch regulation that would deliver
significant benefits to businesses, as long as they act on the energy efficiency improvements recommended
by auditors.
"While take-up of recommendations under ESOS is voluntary, this process will become a burden if the savings
identified aren't realised," he said. "Having paid for an audit, we believe you will want to use it. Think of it as
a menu of things you can do to save money. Of course, if you see ESOS as a compliance burden it will
become one."
According to modelling undertaken by DECC, the scale of the potential savings that could result from ESOS
could reach £2.8bn a year.
Officials confirmed that if all ESOS participants used the audits to curb their energy bills by just 0.7 per cent
they would save £250m.
FRASER MACKENZIE, BUSINESS DEVELOPMENT DIRECTOR AT EDISON ENERGY CONCLUDES:
“We welcome ESOS and Mr Davey’s comments. The threat of the “Energy Trilemma as a global and local
dilemma for businesses and communities is very much real and upon us. The need to address this is critical
for many reasons and many organisations will have varied reasons to do so, from an environmental stance
and our generations futures, to simply good financial sense for your organisation.
Whatever and whichever the reasons and your motivation, we encourage all those affected by energy supply,
use and costs, to take action. Our business model allows solutions. The time is now to not simply read and
consider the effects of this, but to take action”.
With this news and announcement, Edison Energy are delighted to offer your organisation a FREE consultation
and desktop survey to confirm the benefits for your organisation to carry out an energy audit.”
Simply click the link below and email our specialist survey team, with your business/organisation
name, a contact email and telephone number and we will be in touch.
shaping sustainable energy
edisonenergy
Discuss your energy strategy
and energy investment, by
contacting Edison Energy on
0141 764 1130, or alternatively email
info@edisonenergy.co.uk
ENQUIRE
