ECO stands for ‘the Energy Company Obligation’. It’s a grant scheme to help people in the UK make their homes more energy-efficient and reduce their energy bills. The scheme is funded by energy suppliers, who are required by law to contribute to it.
You can access a range of home upgrades to insulate your home and upgrade your heating system. The size of your grant will depend on your circumstances and the assessment process, but it could be up to (or even over) £30,000.
The types of insulation covered include: wall insulation, loft insulation, underfloor insulation
And heating system upgrades covered include: upgrading your boiler, installing an air source heat pump or electric storage heater.
You may be wondering why energy companies are being forced to fund this scheme. One reason is that energy suppliers are required by law to reduce carbon emissions and promote energy efficiency. The ECO scheme is one way for them to meet these obligations.
There is no guarantee that an ECO application will progress to the installation stage, as it's for the supplier to determine how they meet their obligation. The whole journey, from contacting a supplier to installation, can take 2-6 months.
However, you may end up with energy-saving upgrades to your home at no cost to you.
Eligibility criteria for ECO is quite complicated. If Kuppa has shown ECO as one of your options, we think you are eligible, and it's worth pursuing. Here’s a summary of the criteria:
First of all, to be eligible for ECO, your home must be energy inefficient. Kuppa uses your EPC to determine whether this is the case.
You must meet certain criteria, which shows the Energy Suppliers if you are struggling with bills:
Or, at least two of the following:
Here are the links to the biggest suppliers and the pages on their websites where you can read more information about their ECO process and get started. You can start the application process there.
If you have any further questions, don’t hesitate to hit the support button on the bottom right of the screen.