By 5 December, all large UK companies (over 250 staff or turnover exceeding £38m) must conduct and report energy-efficiency audits
The time-consuming nature of running a business means it’s all too easy for directors to push certain tasks to the back of their minds. But there’s one crucial piece of upcoming legislation that three-quarters of UK firms are overlooking – leaving them liable to hefty fines.
By 5 December, all large UK companies (over 250 staff or turnover exceeding £38m) must conduct and report energy-efficiency audits to the Environment Agency as part of the ESOS [Energy Savings Opportunity Scheme] assessment.
According to a recent Energy Live News poll, 73 per cent of businesses have yet to do so – risking £50,000 fines plus extra £500 per day charges.
What are the benefits of energy assessment? Businesses that invest £15,000 a year on energy efficiency could save up to £56,000 annually.