The Energy Companies Obligation (ECO) is a Government initiative and domestic energy efficiency programme, established to provide low-income households with financial support towards the installation of energy efficiency measures.
It has been rolled out in stages over the past few years and is now in its latest iteration, called ECO4. This will run from 1 April 2022 to 31 March 2026. The main objective of ECO4 is to improve the energy efficiency of properties occupied by low income and vulnerable households.
How does ECO funding work?
The ECO Scheme is funded by the largest energy companies in the UK, who are obliged to provide funding for heating and insulation improvements. Zing Energy works with some of the UK’s largest energy suppliers and can unlock the funding to minimise the cost of any work.
What are the qualifying criteria?
Grants are based on the type of benefits the householder receives, plus the type of property they live in. In most cases, 100% grants are available. Qualifying benefits for ECO grants include:
- Income-based Job Seekers Allowance
- Income-related Employment and Support Allowance
- Income Support
- Pension Credit Guarantee Credit
- Working Tax Credit
- Child Tax Credit
- Universal Credit
- Housing Benefit
- Pension Credit Savings Credit
- Child Benefit
What are the energy saving measures available?
A wide variety of options are available under the ECO Scheme. These include:
- Air Source Heat Pumps
- Boiler Upgrades
- Electric Storage Heaters
- First Time Central Heating
- Solar PV
- Cavity Wall Insulation
- External Wall Insulation
- Flat Roof Insulation
- Internal Wall Insulation
- Loft Insulation
- Pitched Roof Insulation
What are the key benefits of securing an ECO grant?
Upgrading your Heating System or installing Thermal Insulation via an ECO grant is not only a great way to reduce your energy bills, but will also increase your green credentials, helping to lower your carbon footprint and tackle climate change. This was the key objective of the Government in setting up the scheme. With fuel bills soaring over the past year, an ECO grant can help you save money in the short term and also future proof your home against future hikes in energy costs.
How can Zing Energy help?
Zing Energy have worked in the energy efficiency arena for many years and our team of experts have helped thousands of householders across the UK access ECO grant funding and benefit from significant savings on their energy bills.
We work closely with the big energy suppliers who fund the scheme and have also formed relationships with local authorities the length and breadth of the country, giving us trusted trader status. We promise to partner with you to unlock the funding to transform your home and reduce your carbon footprint.