What is ECO Funding?
The ECO funding scheme allows low income, vulnerable homes or homes in low income areas access additional support for a range of energy efficiency packages including cavity wall and external wall insulation and efficient central heating systems.
Large energy suppliers including the Big 6 (British Gas, EDF Energy, E.ON UK, npower, Scottish Power and SSE), First Utility, Ovo Energy and Co-Operative Energy are currently required under the Energy Company Obligation (ECO) to upgrade the overall energy efficiency of UK households.
This means they have to follow the following:
- The Carbon Emissions Reduction Obligation (CERO) which states that funding must be provided to insulate internal & external walls as well as any ‘hard-to-treat’ cavity walls.
- The Carbon Saving Community Obligation (CSCO) states that those living in the bottom 15% of the most deprived areas in the UK need to be provided with insulation.
- The Home Heating Cost Reduction Obligation (HHCRO), also known as ‘Affordable Warmth’, this states that the energy supplier is to provide heating and insulation improvements for low in income and vulnerable households.
This was first put in to place in January 2013 and replaces two previous schemes; CERT (the Carbon Emissions Reduction Target) and CESP (the Community Energy Saving Programme). Energy providers had an obligation period of January 2013 – March 2015 which was known as ECO1. The new obligation, known as ECO2, has a period from April 2015 – 31 March 2017, lengthening the original overall lifetime of the scheme. DECC are due to go into consultation with the industry regarding plane beyond 2017, during this consultation period we will be actively engaging with DECC and Ofgem allowing us to have the most up to date information available.
Am I eligible for ECO Funding?
It can be quite complicated to find out your eligibility for ECO Funding as it depends on the exact measures your home needs, its location and if you receive benefits.
With a close ongoing partnership Snug Network are able to offer ECO Funding through InstaGroup, who are able to advise you whether you are eligible or not. To see if your home qualifies for any funding, one of our approved Green Deal Advisors will visit your home. They will inspect what current energy saving measures are in place and which ones are needed, as well as discuss your current circumstances which will enable us to off the appropriate grant.
To arrange for a technical surveyor to visit your home please fill in the enquiry form at the top of the page. For more information on boiler grants visit our free boiler grants page.