Important Updates for ESOS Phase 3 Compliance Deadline
As the significance of energy efficiency and sustainable practices continues to rise, stakeholders in the Energy Savings Opportunity Scheme (ESOS) have been closely following updates regarding ESOS Phase 3. In this blog post, we bring you important news about key alterations and a revised deadline for this phase. These changes aim to improve compliance outcomes and streamline processes for large organizations engaged in the ESOS scheme.
ESOS Phase 3 Changes:
The Department of Energy Security and Net Zero, previously known as BEIS, has announced an extension of the Phase 3 Compliance Deadline for ESOS. The original compliance date of 5th December 2023 has been deferred to 5th June 2024. This adjustment is in response to stakeholder requests and intends to provide participants with sufficient time to meet the new ESOS Phase 3 requirements, while allowing assessors to conduct thorough evaluations.
Notification Submissions and IT System Update:
Notifications for Phase 3 compliance cannot be submitted until the final requirements have been legislated and the IT system update, currently under development, has been tested and launched. However, the Department assures participants that the system will be ready in time to meet the new notification requirements well in advance of the extended compliance deadline.
No Alterations to Qualification Thresholds:
It is essential to note that this deadline extension does not bring any changes to the qualification thresholds or the qualification date. ESOS Phase 3 will continue to apply to all large organizations and their corporate groups that were classified as such on 31st December 2022.