What is ECO4 Funding Scheme?
Energy Company Obligations
What is ECO4 Funding Scheme?
The ECO4 programme, sponsored by the government, is an integral component of a comprehensive scheme aimed at providing much-needed assistance to low-income families, and building more energy efficient housing units across the UK. This initiative is intended to bring much-needed relief to households struggling to cope with the rising cost of energy consumption.
The program, which was updated in April of last year, is specifically designed to enhance the energy efficiency standards of more UK homes. With UK Energy Support’s unmatched expertise in Energy Company Obligation grants, households can rest assured that any energy efficiency upgrades they require will be fully covered by their energy provider. This means that families will not have to bear any financial burden and can reap the benefits of greater energy efficiency in their homes. In essence, the ECO4 programme is a perfect example of the government’s commitment to improving living standards for all UK households, especially those who are most in need.
- Reduce Carbon Emmisions
- Energy Efficient Homes
- Tackle Fuel Poverty
- Heating & Insulation
The Benefits of Energy Company Obligation (ECO)
The purpose of Energy Company Obligation (ECO) is to help eligible customers make their homes more energy efficient by installing heating improvements and taking free energy-saving measures. This will help you to improve the home’s EPC rating, as well as save big on energy bills.
Moreover, under the scheme, if found eligible, you’ll receive at least one of the following benefits:
• Universal Credit
• Housing Benefit
• Pension Credit Saving Credit
• Tax Credit
• Child Benefit
• Income Support
• Income-based Jobseeker Allowances (JSA)
How do I get the Eco Funding?
Are you looking to upgrade your home to be more energy efficient, but struggling to find the funds to do so? The ECO funding program might be just what you need! In order to qualify for an ECO grant, there are certain eligibility requirements that must be met. One of the main qualifications is if you receive state benefits or tax credits, which means that you could potentially receive funding to make your home more energy efficient at no cost to yourself! To apply for funding, you will need to contact your energy service provider and fill out an application form that includes providing relevant documents to prove eligibility. The process is simple and straightforward, and once approved, you can have peace of mind knowing that you are not only saving money on your energy bills, but also doing your part for the environment.