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The Energy Savings Opportunity Scheme (Amendment) Regulations 2023

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Regulation 27 amended (identification of energy saving opportunities)

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17.—(1) In regulation 27, in paragraph (1)—

(a)after sub-paragraph (c) omit “and”;

(b)for sub-paragraph (d), substitute—

(d)in respect of each energy saving opportunity—

(i)identify the organisational purpose to which the energy saving opportunity most closely relates,

(ii)identify the energy saving category to which the energy saving opportunity most closely relates,

(iii)identify any considerations relevant to the implementation of the energy saving opportunity, including, if applicable—

(aa)any considerations arising from an obligation of any person under Part 3 of the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015(1), in relation to any buildings used by the participant, and

(bb)information on any schemes under which grants or public funds from the United Kingdom Government, Scottish Government, Welsh Government or Northern Ireland Government may be available to support implementation of the energy saving opportunity,

(iv)estimate, in pounds, the costs and benefits of implementing the energy saving opportunity,

(v)identify any other non-financial costs and benefits that are not included in the estimate referred to in sub-paragraph (iv),

(vi)estimate the annual reduction in energy spend and the annual reduction in energy consumption which would be achieved as a result of implementing the energy saving opportunity, and

(vii)calculate the payback period for the energy saving opportunity, and;

(c)after sub-paragraph (d), insert—

(e)recommend a programme for implementation of the energy saving opportunities (if any), including—

(i)a timescale for implementation of the energy saving opportunities,

(ii)the estimated costs and benefits of implementing the programme, and

(iii)the payback period calculated for the programme.

(2) In regulation 27, after paragraph (6), insert—

(7) In these Regulations—

payback period” in relation to an energy saving opportunity or programme means the period of time in years calculated as—

formula

where—

  • a” is the estimated cost of implementing the energy saving opportunity or programme, and

  • b” is the estimated reduction in energy costs per year from implementing the energy saving opportunity or programme.

(1)

S.I. 2015/962, as amended by S.I. 2019/595; there are other amending instruments but none is relevant.

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