ECO3
The Energy Company Obligation (ECO) is a government energy efficiency scheme in Great Britain to tackle fuel poverty and help reduce carbon emissions. The Home Heating Cost Reduction Obligation requires energy suppliers to promote the installation of measures that lead to financial savings on energy bills, such as the installation of insulation and heating measures.
How ECO works. Under ECO, medium and larger energy suppliers fund the installation of energy efficiency measures in British households. The obligated energy suppliers work with installers to introduce certain efficiency measures into your homes, such as loft or wall insulation, or heating measures.
You are eligible for ECO if you receive at least one of the following benefits and satisfy the relevant income requirements, where applicable:
- Armed Forces Independence Payment
- Attendance Allowance
- Carer’s Allowance
- Child Benefit (on the condition that the household’s relevant income does not exceed the amount set out in Chapter 3 of our scheme guidance)
- Constant Attendance Allowance
- Disability Living Allowance
- Pension Guarantee Credit
- Income-related Employment and Support Allowance (ESA)
- Income-based Jobseeker’s Allowance (JSA)
- Income Support
- Industrial Injuries Disablement Benefit
- Mobility Supplement
- Personal Independence Payment
- Severe Disablement Allowance
- Tax Credits (Child Tax Credits and Working Tax Credits)
- Universal Credit
Alternatively, if you are living in social housing with an EPC rating of E, F or G you might also be eligible for the scheme. Social housing with an EPC rating of D can also qualify for an innovation measure. Further information on innovation can be found in our Innovation Guidance which will be published in due course.
If you are not receiving Any one of the Benefits Above you may still Qualify under The LA Flex Funding
LA Flex is an acronym for “Local Authority Eligibility Flexibility”. This programme is designed to help homeowners who are not currently receiving any type of aid but are still grappling with a tight budget. Companies that are approved by this scheme can provide you with massively reduced rates if the insulation within your home needs to be upgraded. Here are some of the benefits to enjoy:
1. Your heating bills could be reduced by hundreds of pounds each year.
2. Your home will be much more environmentally friendly; helping the local environment.
3. Rooms can remain warm in the winter and pleasantly cool in the summer.
4. Issues such as humidity, mould, and draughts will finally be eliminated.
5. The value of your home will increase as a result.
6. The only possible issue is that the majority of homeowners are unaware of the current LA Flex funding eligibility guidelines.
In other words, will you be able to qualify? This is when the team at Installers UK is here to help.
Measures You Can Get Funding For:
- Loft Insulation
- Cavity Wall Insulation
- Partial Fill Carbon plus
- Solar Panels
- Energy Saving Systems
- Heating Replacements
- Commercial Rates
- First Time Central Heating
- Air Source Heat Pumps