With less than 10-months left until the deadline for complying with the Energy Savings Opportunity Scheme (ESOS) legislation. Market leading energy consultants Catalyst have warned that many large UK businesses may be missing out on over £250 million in energy savings.
Recent figures released by the Department for Climate Change (DECC) show that savings of over £250m can be acheived simply by acting on some of the measures identified in their ESOS audit. And this is based on just cutting energy consumption by only 0.7%.
However those companies that are also prepared to invest in energy saving measures with a payback period of two years or less, this increases to £1.6bn a year.