ECO3 Insulation Grant
ECO3 is the government’s umbrella term for its programme to make houses in the UK more energy efficient. The latest iteration of the scheme is focused solely on targeting energy efficiency measures in lower income and more vulnerable households.
What is it?
The ECO scheme means that medium and large gas and electricity suppliers – including British Gas, EDF Energy, Eon, Npower, Ovo, Scottish Power and SSE – are obliged to help households with energy efficiency measures. Energy efficiency measures available through ECO include loft insulation, cavity wall insulation & solid wall insulation. They’re all designed to help save people money on their energy bills, keep homes warmer and help to reduce carbon emissions.
When does it stop?
The current scheme, called ECO3, was launched in December 2018. It runs until 31 March 2022 and is focused exclusively on those customers with lower incomes who are considered to be in vulnerable situations or living in fuel poverty. A wide range of benefits qualify recipients for ECO3. In total, 6.5 million households are eligible. The scheme’s plan is to make energy-saving improvements to 900,000 homes.
Each year up to 35,000 homes with broken heating systems will have them replaced and 17,000 homes with solid walls will be treated. ECO3 replaced previous schemes (with the same name) which ran for five years until December 2018. Suppliers must deliver 15% of their ECO measures to homes in rural areas, and 10% of them can be installing ‘innovative’ products, such as devices to help homeowners manage their energy use.
Am I eligible?
Insulating these rooms is highly beneficial for homeowners, tenants and landlords because this scheme is completely free of any charge if anybody in the property receives some sort of benefit, this is a list of qualifying benefits:
- Tax credits / Working Tax Credits
- Housing benefit
- Disability Living Allowance
- Income Support
- Jobseeker’s Allowance
- Council Tax Benefit
- Carer’s Allowance
- Family Tax
The Green Homes Grant vouchers are also available for the installation of insulation as an eco measure also if you are not in receipt of one of the above. Get in touch with us today to see if you may be eligible & how we can assist.