Energy efficiency measures for large firms could see £1.9 billion net benefit for UK
Proposals for new energy saving assessments for larger firms in the UK have been published today by the Department of Energy and Climate Change (DECC). These assessments, required by the new Energy Savings Opportunity Scheme (ESOS), will enable companies to identify opportunities to save money on energy bills through improved energy efficiency and could benefit the UK by £1.9 billion.
Under the scheme, which is being developed as part of the UK’s implementation of the EU Energy Efficiency Directive, large enterprises will be required to undertake ESOS assessments to identify cost-effective ways to invest in energy efficiency, helping reduce energy bills and increase competitiveness.
Organisations who take up energy efficiency recommendations will face lower energy bills – on average, an enterprise taking up recommendations from energy savings assessment will invest £15,000 per year in energy efficiency measures and benefit from bill savings of £56,400 per year.
The consultation on ESOS proposals will run until 3 October 2013.