The Energy Companies Obligation (ECO) scheme is a government-funded initiative in the United Kingdom that aims to reduce carbon emissions and improve the energy efficiency of homes, with a focus on low-income and vulnerable households.
The scheme can be worthwhile for eligible homeowners as it provides funding for the installation of new, energy-efficient boilers, insulation, and other energy-efficient measures, which can lead to significant cost savings on energy bills and improve the overall energy efficiency of the home.
Furthermore, it also helps in reducing carbon emissions, and it is a way for vulnerable households to access energy-efficiency improvements that they might otherwise not be able to afford.
The Energy Company Obligation (ECO) is a government energy efficiency scheme in the United Kingdom which is currently in its fourth phase, known as ECO4. The scheme is designed to help reduce carbon emissions and improve the energy efficiency of homes, with a focus on low-income and vulnerable households. The scheme was launched in July, 2022 and it will run until 2026, the end of the term.
Under the ECO4 scheme, British Boiler is obligated to provide funding to eligible homeowners and tanant to upgrade their boilers for free, free loft insulation and central heating system for free. This can include the installation of new and free boilers, loft insulation, and first time central heating.