ECO energy grants help insulate your property by giving you the financial support to install energy-efficient systems in your home. This improves your home’s energy efficiency, and you get a good heating solution.
Government ECO grants can help you have an energy-efficient house and save money. There is the government scheme called Home Heating Cost Reduction Obligation (HHCRO) (also known as the Affordable Warmth Obligation that comes under the ECO3 scheme) and the Local Authority Flexibility (LA FLEX) scheme.
Both the government and the local authority deliver funds for green energy measures by considering the priority needs of people. Both schemes help in reducing fuel poverty along with reducing carbon emissions.
It is important to note that home heating involves about 14% of the UK’s total carbon emissions. If the UK has to meet its target of achieving net-zero by 2050, then reliance on oil and gas needs to be curtailed.
How ECO Energy Grants Work
ECO or Energy Company Obligation is a government energy efficiency scheme in Great Britain. As part of this scheme, medium and large energy suppliers in Great Britain fund the installation of measures related to energy efficiency in British households.
These obligated energy suppliers work with energy installers who install specific types of energy efficiency measures in your home. Such measures include wall or loft insulation or some heating measures.
You are eligible for ECO energy grants if you receive at least one of the below-mentioned benefits and come under the applicable income requirements criteria. The benefits are:
1- Armed Forces Independence Payment
2- Attendance Allowance
3- Carer’s Allowance
4- Child Benefit
5- Constant Attendance Allowance
6- Disability Living Allowance
7- Pension Guarantee Credit
8- Income-related Employment and Support Allowance (ESA)
9- Income-based Jobseeker’s Allowance (JSA)
10- Income Support
11- Industrial Injuries Disablement Benefit
12- Mobility Supplement
15- Personal Independence Payment
16- Severe Disablement Allowance
17- Tax Credits
18- Universal Credit
If you live in social housing with an EPC rating of E, F or G, you might be eligible for the government ECO grants.
Homeowners of properties that don’t have high EPCs (Energy Performance Certificates) could face financial loss when they intend to sell their property and buyers don’t line up for the property. There are proposals under discussion by the Energy Efficiency Infrastructure Group (EEIG) that recommend that people who buy eco-friendly homes should benefit from paying lesser stamp duty.
Better get in touch with your energy supplier or accredited installers to know if you qualify for an ECO grant. Accredited installers can also provide you with sound advice and the best measures to make your home energy-efficient.