Many businesses view energy charges as just another expense, rather than costs which can be managed and reduced. We allocate each client an account management team within ESS who manage the procurement of fuel, payment of invoices, and updating of the asset register. We also work with our clients to reduce their consumption which, in turn, reduces their bills and impact on the environment.
With continuous invoice accuracy, improved budgeting and tighter cost control and energy management system, you can expect the following benefits:
• Estimated savings of about 10-20% in cost and consumption
• Lower fuel bills
• Comfort in the care home as it maintained to a high standard
• Reduction of carbon emissions
The biggest factor when it comes to increases in energy prices are UK’s supply capabilities.
Further to this, we are not replacing the old energy generation sources at the same rate that they’re being eradicated, meaning that there’s an overall reduction in the places we can actually get our energy from.
Thirdly, the Pound Sterling’s post-Brexit decline against the Euro has increased the cost of securing supplies from Europe, decreasing the UK’s purchasing power further. Oil prices are rising steeply, and OPEC production cuts place a pressure on gas prices in particular.
The impact of energy storage on prices is another factor. Typically, the UK buys energy in the summer months when it is cheaper, reserving it at the lower price until it’s needed in the winter months when demand increases. Storing energy, however, is quite expensive and the surplus energy we create in the UK alone costs the taxpayer £1 billion a year to store until it’s needed.
Finally, another big problem which contributes to our rising energy costs is the supply of LNG (Liquefied Natural Gas). LNG supplies go to the highest bidder and, at the moment, the highest bidders are all in the Middle East. This makes it more difficult for the UK to obtain LNG and therefore drives prices up.
At ESS, we work to procure the best rates possible for our clients. We have dedicated contacts within suppliers, and our analysts constantly watch the market in order to renew contracts when the prices are lowest. While the future of energy costs is uncertain right now, rest assured that we do all we can to get you the best deal possible.
In a time when our planet’s natural resources are dwindling, sustainable energy use has become more crucial than ever. We work with our clients to reduce their consumption and carbon emissions, starting with behavioural change such as turning off lights and other electrical equipment. We have processes in place to establish where you are in your sustainability journey, and then tailor action plans to help you comply with green legislation and schemes, such as ESOS (Energy Savings Opportunity Scheme).
ESOS is a mandatory energy assessment scheme administered by the Environment Agency, and targets the private sector, including some not-for-profit organisations. ESOS Phase 1 arrived in 2014 with the primary objective of getting large organisations to significantly reduce their energy usage every four years following comprehensive energy audits. The audits target inefficient energy use, highlighting areas in which improvements must be made.
An organisation qualifies for ESOS Phase 2 if it employs over 250 people, or has an annual turnover of >50 million euros and an annual balance sheet of >43 million euros. While your company may not have qualified for Phase 1, it’s worth checking to see if you meet the updated Phase 2 requirements. Each company is assigned a qualified lead assessor to guide them through the compliance process of ESOS and measure their energy consumption. At ESS, we have our own lead assessor who works closely with our clients to ensure they are meeting ESOS requirements.
You have until 31st December 2018 to qualify for ESOS Phase 2, and the deadline for proof of compliance is 5th December 2019. You’ll make savings as well as helping your company become greener with reduced consumption and costs, and we’re committed to helping all of our clients achieve this.