ECO FundingEnergy Company Obligation (ECO)
What is the Energy Company Obligation (ECO)?
ECO helps people install energy-efficiency measures to their home. Under this scheme the big energy suppliers are legally obliged to help the following with energy-efficiency measures:
- Low income and vulnerable households
- Homes in low income areas
ECO is the government’s umbrella term for its programme to make houses in the UK more energy efficient, it covers the affordable warmth obligation, the carbon saving obligation and the carbon saving communities obligation. The scheme replaced Carbon Emission Reduction Target (Cert) and Community Energy Saving Programme (CESP) that ended in December 2012.
As part of ECO, the government estimates that £1.3 billion per year worth of energy efficiency and heating measures will be delivered across Great Britain.