27 February 2023
The EU’s Brexit negotiator Michel Barnier does not feature regularly in our blogs but his often quoted “The clock is ticking…” as the Brexit negotiations stalled is also true as the clock quickly ticks down on the time available to complete and submit this year’s ESOS report.
In our earlier blog we highlighted that the Energy Savings Opportunity Scheme (ESOS) is a significant opportunity to identify valuable improvements in energy efficiency and a useful route to reducing your energy consumption and reducing your cost base in comparison to your competitors. But it is also a mandatory piece of compliance that can attract significant fines with the potential to run tens of £000s from the Environment Agency plus the associated reputational damage of the non-compliance being made public.
The final deadline to complete and submit your compliant ESOS reporting for Phase 3 is 5 December 2023, but some organisations run the risk of underestimating the time required to undertake the required audit and complete the report; and are also seemingly oblivious to the scarcity of appropriately qualified lead assessor resource to carry out and oversee your energy audits and overall ESOS assessment. A false sense of security now and lack of action in committing to a qualified ESOS partner now could cause a significant headache later.
Your data should be based on a 12-month period that includes the qualification date (December 31, 2022) and ends before the compliance date for ESOS Phase 3 reporting (5 December 2023). However, the later you leave it the greater risk of not obtaining the required data in time for the full submission.
We are already scheduling the next round of ESOS Audits out until 2023 to meet the needs of customers who have proactively planned. As in previous years, at some point in the final few months of the year we, along with other reputable consultancies. will need to stop accepting new contracts with a guarantee of compliance by the 5 December 2023.
If regulatory compliance is a key metric of your company, then our recommendation is to begin your process for appointing your preferred partner now. If you need guidance on how to help explain the seriousness of compliance to senior stakeholders, we will be happy to help. We would not want an Environment Agency enforcement notice or fine to spoil your Christmas.