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Stuart Urquhart of TLT Solicitors outlines the legal framework of the new legislation and raises some of the areas that may require clarification.
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TLT LLP
Energy Savings Opportunity Scheme –
obligation or opportunity?
Brief views from a legal perspective
Stuart Urquhart, TLT
TLT LLP
ESOS obligations/opportunities for lawyers
• Disappointing for lawyers, not so bad for business
generally
• No onerous obligations to implement audit
recommendations
• Light touch approach to implementing EU directive
• Relatively limited penalty regime
• Some crumbs for lawyers
• Overlap with, but not same as, Carbon Reduction
Commitment e.g. landlord to tenant supplies
• Scope of coverage – group company structures
TLT LLP
Future legal developments/opportunities?
• Energy Performance Contracting
• Renewed focus?
• Guidance this summer
• Landlord/tenant "split incentive" issues
• Focus in context of commercial rooftop PV
• Read across to energy efficiency?
• Green Deal
• Revisiting of "Golden Rule" re FITs/RHI
• Package with microgeneration?
TLT LLP
Further information
• Stuart Urquhart
• 0117 917 7810
• Bill Hull
• 0117 917 7808
• www.tltsolicitors.com
TLT LLP
Thank you