The Energy Company Obligation (ECO) is the most recent obligation placed upon Energy Suppliers to lower carbon emissions in the UK. These obligations require energy suppliers to provide energy grant funding for energy efficiency improvements for eligible households.
ECO replaces previous obligations namely the Carbon Emissions Reduction Target (CERT) and the Community Energy Saving Programme (CESP).
ECO is divided into three strands:
ECO's aim is to combat fuel poverty and upgrade hard to treat properties in both the public and the private sector.
ECO funding structure is complex and funding is dependent on a number of factors. Any of the following sectors may be eligible:
The amount of funding available differs for each property and is calculated through the Standard Assessment Procedure (SAP) or its reduced version (RdSAP). Funding for energy saving measures is therefore difficult to predict while the regulation continues to change and develop. If you have a project or product that you think would be eligible for ECO funding, please contact us today (01435 882628) today.
It was released in October 2012 with activity commencing in January 2013.
The obligation is set to run until March 2017 whereby energy suppliers are expected to have invested around £1.3 billion per year.
Claywood Energy provides advice and guidance on ECO to its clients. We can help you every step of the way.
ECO - Upgrades
ECO – upgrades is the title given to the installation of new technologies into households which go beyond the traditional measures such as loft insulation and cavity wall insulation. These programmes can also link with the Renewable Heating Incentive programme, Feed in Tariffs and Pay as you Save models.
Measures identified as ECO – upgrades improvements include:
Solar Photovoltaics (PV)
Solar thermal
Internal Solid Wall Insulation (IWI)
External Solid Wall Insulation (EWI)
Ground source heat pumps
Air source heat pumps
Affordable Warmth (HHCRO) is the new Government scheme (launched in January 2013) which replaces the Warm Front Scheme under the umbrella of the Energy Company Obligation (ECO).
The new scheme offers grants to eligible applicants for measures such as:
Who might qualify:
OR
AND WHO ALSO -
OR
are in receipt of certain disability payments, including: child tax credit which includes a disability or severe disability element; a disabled child premium; a disability premium, enhanced disability premium or severe disability premium; or a pensioner premium, higher pensioner premium or enhanced pensioner premium.