With recent data suggesting less than 650 of 10,000 companies covered by new energy efficiency regulations, ESOS, have so far submitted compliance details, DLL, global provider of asset based financial solutions urges business to consider the benefits of energy efficiency to their bottom line.
Watford, UK - 18th November 2015 - Data from the Environment Agency released this month revealed that, as of mid-November, just under 650 of approximately 10,000 organisations covered by ESOS have completed the required energy efficiency audits. This slow take-up has led to government relaxing the December 5th deadline to 29th January, provided companies submit a notice of non-compliance by the original date.
“It’s puzzling,” argues independent energy efficiency consultant Dr. Steven Fawkes. “You have all these factors - cheap borrowing from low interest rates, rising energy prices, the fact that the earlier you make changes the earlier you start saving and the more you save - pointing to now as the perfect time to invest in energy efficiency. I’m confused that more large organisations haven’t undergone ESOS audits, and worried that smaller businesses think that - because ESOS doesn’t apply to them - this isn’t something for them to worry about. It makes sense for nearly everyone.”
“ESOS has been hogging the headlines but energy efficiency is one of those things that’s genuinely a no-catch, win-win - good for business and the environment” says Jonathan Evans, UK Head of Cleantech, DLL. “True, investments cost money - but if you get the financing structure right then you can quite literally have an investment that pays for itself through bill savings - and then some. Our programs are designed to improve our partners’ profit and performance while reducing their costs, energy use, waste of pollution. We have to get medium sized businesses to really think about the opportunities available to them - after all, if their competitors invest in being more efficient and they don’t, then businesses risk being left behind.”