The Energy Company Obligation (ECO4) scheme is a government initiative designed to help households reduce carbon emissions and save money on their energy bills. It is part of the UK’s commitment to reducing its overall carbon footprint and addressing climate change.
ECO4 builds upon the success of previous ECO schemes, with a focus on providing greater support to low-income households and those living in fuel poverty. The scheme provides funding to help install energy efficiency measures in eligible homes, with the aim of reducing the amount of energy required to heat and power these properties.
There are several types of measures that can be installed under the ECO4 scheme, including insulation, heating systems, and renewable energy solutions such as solar panels and air source heat pumps.
The scheme is funded by the major energy companies in the UK, and it is overseen by Ofgem. Under the scheme, energy companies are required to meet a target for the number of properties they improve.
One of the key features of ECO4 is the “flexible eligibility” criteria, which allows households to apply for funding even if they do not meet the traditional means-tested criteria for fuel poverty. The scheme is also open to people who own their own homes, as well as private and social housing tenants.
ECO4 is expected to run from 2022 to 2026, and it has a budget of £1.3 billion. The scheme aims to help 900,000 households improve their energy efficiency and reduce their carbon footprint. The government hopes that this will help to achieve its goal of reducing carbon emissions to net zero by 2050.
How does it work?
We match eligible homes with available grants, as well as providing expert installation. It all starts with a phone call to our friendly team to arrange your energy assessment.
To find out whether you are eligible for funding, you can fill in our easy survey form, or book a call back from our expert advisors.
