Retrofit energy-saving technologies best way to get financial advantage from ESOS, advises Energys
As the government finalises its new legislation, ESOS (Energy Savings Opportunity Scheme), Energys Group advises participants that the most effective way to recover the cost of the energy audit is by implementing energy-saving ‘quick wins’.
ESOS, a major new piece of legislation that requires more than 9,000 large enterprises to carry out energy audits, comes with a substantial price tag attached. However, the newly-finalised scheme has been designed to offer opportunities to offset the cost of compliance.
The Department of Energy and Climate Change (DECC) estimates that an in-depth survey of the way an organisation uses energy can identify potential cost savings more than 13.5 times greater than the cost of the audit.
An opportunity, not a threat
“ESOS should be viewed as an opportunity, not a threat, advises Kevin Cox, Managing Director of Energys Group. “If companies simply undertake an ESOS audit and then take no action, the result will be a financial loss. But, if they take on board the recommendations for saving energy that accompany the ESOS process, the result can be very different.”
“Easy-to-retrofit technologies, such as LED and T5 lighting upgrades or boiler controls, can deliver quick, tangible savings on energy costs,” he adds. “ESOS participants should be looking to energy-saving solutions that offer short payback periods, in order to recover the cost of compliance – via savings on energy bills – in just one or two years.”
Quick, tangible savings
Energys Group is a leading provider of ‘best in breed’ energy-efficient technologies, offering turn-key solutions for all of its well-proven low-carbon solutions. For upgrading lighting, Energys’s products include award-winning T5 converter, Save It Easy®, which delivers energy savings of up to 65%, as well as a suite of LED replacement options, which typically achieve payback in just 1-2 years.
Energys also offers a range of Boiler Optimisers to improve the efficiency of boilers at sites both large and small – a technology that unlocks typical energy savings of 15–30%, with payback again usually achieved in 1–2 years.
Good business sense
“Companies that tackle the problem of energy waste head-on will benefit far more richly from ESOS than those that take a tick-box approach to compliance,” advises Kevin Cox of Energys. “Retrofit technologies have come of age, making energy-saving upgrades more affordable than ever. It makes good business sense to use ESOS as an opportunity to cut out energy waste and make real, on-going savings on energy bills.”
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