Analysis by the Carbon Trust has suggested that businesses could save 20% on their energy bills if they implement the energy saving measures identified by a new government scheme.
The Carbon Trust said that the average energy spend of a sample of firms that had complied with the Energy Saving Opportunities Scheme (ESOS) was approximately £1.8mn––meaning they could save around £360,000 by implementing the suggested energy efficiency measures.
ESOS is a mandatory energy assessment scheme for organisations in the UK that meet the qualification criteria. Organisations that qualify for ESOS must carry out assessments every four years. These assessments are audits of the energy used by their buildings, industrial processes and transport to identify cost-effective energy saving measures.
The Carbon Trust also said that nearly all of the businesses that it had assessed had the scope for improving general energy management practices and behaviours, “which require minimal investment to implement”.
It was also confirmed that there remained a “significant number of stragglers”, who are now facing enforcement action from the Environment Agency having failed to comply with the scheme.