Energy Company Obligation (ECO)
What is the Energy Company Obligation?
The Energy Company Obligation (ECO) requires the larger energy suppliers to support the delivery of energy efficiency measures to domestic energy users. ECO provides grants each year to enable landlords and housing providers to upgrade their housing stock.
What measures can ECO fund?
There are currently three obligations under ECO:
The Carbon Saving Community Obligation (CSCO) is set to save 6.8million tonnes of carbon. Measures available include wall and roof installation targeted at private and social housing in low-income areas.
Carbon Emissions Reduction Obligation (CERO) has funding available for a range of energy-saving measures. Promoting the insulation of cavity wall insulation, Hard-to-Treat cavity wall insulation, loft insulation, solid wall insulation, and district heating. There are also additional measures such as heating upgrades, glazing & draught proofing.
The Home Heating Cost Reduction Obligation (HHCRO) is aimed towards the insulation and replacement of boilers and electrical storage heaters to help low income households. It is set to reduce the cost of heating homes by £3.7bn.
Find out more
Should you want more information on ECO or an indication of the funding available for your energy-efficient upgrade projects, enquire today.