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ECO – Domestic
The Energy Company Obligation (ECO) is a government energy efficiency scheme in the UK to help reduce carbon emissions and tackle fuel poverty. Combined with the Warm Homes Discount scheme the government will provide at least £4.7 billion of extra support to low-income and vulnerable households between 2022 and 2026.
Improveasy are a highly successful managing agent working with installers, local authorities, social housing, and all the major utilities nationwide. We ensure the safe and compliant delivery of the scheme, and so far we have delivered over £300m in ‘lifetime bill savings’.
If you want to find out more about how the scheme works and whether you qualify for funding then you can read more below.
The 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.
You are eligible for ECO if you are a core group customer from scheme year 9 onwards under the Warm Home Discount Scheme or you receive at least one of the following benefits and satisfy the relevant income requirements, where applicable.
Regardless of whether you’re a homeowner or private renting, you could end up receiving free home improvements courtesy of the ECO scheme, it takes less than 30 seconds to check!
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.
Local authorities are also able to refer residents in their areas so that they can be offered support under the scheme.
In order to benefit from ECO you must own your own home or have the permission of your landlord, including if your property is owned by a social housing provider or management company.
ECO funding is used to repair or replace existing heating systems/ insulation measures. In some cases renewable measures such as solar pv can be funded through the scheme.
You can benefit from ECO regardless of who you purchase your energy from. You don’t need to buy energy from an obligated supplier in order to benefit.
Regardless of whether you’re a homeowner or private renting, you could end up receiving free home improvements courtesy of the ECO scheme, it takes less than 30 seconds to check!
Improveasy Ltd is a company registered in England and Wales (Co. Reg. number 7807352). Registered Office: Station House, Stamford New Rd, Altrincham WA14 1EP. The firm is authorised and regulated by the Financial Conduct Authority (FRN 708623). The firm is authorised as a Broker, not a Lender, and offers credit facilities from a panel of lenders. A small fee is earned by Improveasy upon activation of a finance plan. The credit is subject to application and status.
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