Energy Company Obligation

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Energy Company Obligation

Energy Company Obligation (ECO) 3 is out in full force and the government’s more determined than ever to eradicate fuel poverty through its Affordable Warmth Scheme.

So focused in fact, that the Carbon Emissions Reductions Obligation (CERO) was dropped from ECO3 entirely, allocating 100% of ECO3’s funding to the Affordable Warmth Scheme. To put that into context, the Affordable Warmth Scheme previously took up 70% of ECO2t’s budget, which roughly amounted to £450m per year in free boiler schemes and home insulation solutions

The number of properties that can be upgraded with heating and insulation measures will inevitably rise in parallel to this massive influx of funding. To increase its delivery rates, the Affordable Warmth Scheme’s eligibility criteria has been expanded. Child benefit and Disability benefits have been added to the current eligibility criteria as seen below.

ECO3 Eligibility Criteria:

Energy Company Obligation (ECO) 3 is out in full force and the government’s more determined than ever to eradicate fuel poverty through its Affordable Warmth Scheme. 

So focused in fact, that the Carbon Emissions Reductions Obligation (CERO) was dropped from ECO3 entirely, allocating 100% of ECO3’s funding to the Affordable Warmth Scheme. To put that into context, the Affordable Warmth Scheme previously took up 70% of ECO2t’s budget, which roughly amounted to £450m per year in free boiler schemes and home insulation solutions.

The number of properties that can be upgraded with heating and insulation measures will inevitably rise in parallel to this massive influx of funding. To increase its delivery rates, the Affordable Warmth Scheme’s eligibility criteria has been expanded. Child benefit and Disability benefits have been added to the current eligibility criteria as seen below.

Which energy suppliers offer ECO?

Gas and electricity suppliers with more than 150,000 customers are automatically required to deliver ECO from 2020 Each obligated supplier has to contribute to a certain amount of energy efficient home improvements, based on its market share. You can find ECO support from any obligated supplier, not just the company you buy your energy from.