ESOS for Universities - Student Loans classed as Private Funding - Are You In or Out?
28/04/2015« Back

The Environment Agency guidelines confirming student loans as private funding could mean your University qualifies for ESOS.

With less than 7 months to go, confusion still reigns amongst Universities as to whether they are required to comply with the Energy Savings Opportunity Scheme (ESOS).

digitalenergy Ltd has received confirmation from the scheme’s regulator, the Environment Agency (EA), that student loans are not categorised as public funding

UNIVERSITY ESOS RULES CONFIRMED

REQUIRED TO PARTICIPATE

The DECC published Guide to ESOS (September 2014) states that Universities are required to participate in ESOS if the following criteria applies:

‘Where a university derives more than half of its income from private sources, such as fee-paying students, it may not need to comply with public contract regulations. It would not be deemed as public body for ESOS purposes, and would therefore need to participate in ESOS, if it’s a large undertaking’.

NOT REQUIRED TO PARTICIPATE

The Environment Agencies published Guide to ESOS (February 2015) states that Universities are not required to participate in ESOS if the following criteria applies;

“You are not required to participate in ESOS if:

Your organisation is defined as a contracting authority by regulation 3 of the;

The Public Contracts Regulations 2006 in England, Wales and Northern Ireland or the
The Public Contracts (Scotland) Regulations 2012 in Scotland”

with the following exception

“If an undertaking only voluntarily complies with the Public

Contracts Regulations 2006 or Public Contracts (Scotland) Regulations 2012 they will still need to participate in ESOS.”

WHAT SHOULD YOU DO NEXT?

If you are unclear as to whether or not your University qualifies for ESOS, you should contact your Finance Director or equivalent Head of Finance. If they confirm that the university is subject to the PCR, they should provide a formal statement from a responsible officer in the university as evidence of the ESOS exemption, which should be saved as evidence for the Environment Agency if called upon for an ESOS regulator audit.

Considering the time available for action you should treat this as a matter of urgency.

HOW WE CAN HELP

Whichever route to compliance you choose, the digitalenergy professional system provides the modules required to ensure cost effective compliance.

digitalenergy professional provides participants with all the required tools to adopt any of the four approaches to ESOS.

Contact Us for a trial or demonstration

MAIL

Or for more information call - 0845 003 9087

Contact us

Tel: 0845 003 9087
Fax: 0808 208 3726
info@digitalenergy.org.uk

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Lloyd Street North
Manchester
M15 6SE

Coventry Canal Basin
Coventry
West Midlands
CV1 4LY

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