ECO and ECO Flex funding
Energy Company Obligation (ECO)
In July 2022 ECO4 was introduced. The qualifying criteria and qualifying measures has changed significantly from ECO3, so please read carefully before applying as you may want energy saving works which do not qualify.
- Your property needs to have an EPC Rating of D, E, F or G.
- Any work carried out on your property using ECO funding needs to significantly improve the energy rating of your home. Some single measures such as window or door improvements will not improve the energy rating so are very unlikely to be offered under ECO4 funding.
- One of the main changes is that funding to replace an old condensing boiler has now stopped. Funding is only available to replace an old Non - Condensing (Conventional) boiler, along with other energy efficiency improvements required on your property to significantly improve the energy rating of your home.
Energy Company Obligation (ECO) is a Government energy efficiency scheme in Great Britain to help reduce carbon emissions and tackle fuel poverty. The Government have now also introduced the Great British Insulation Scheme (GBIS) to help reach these targets.
All criteria is set by the Government and Cosy Homes in Lancashire must work within these guidelines.
Under ECO4 and GBIS, qualifying residents in receipt of a low income or Means Tested Benefit may be eligible for partial or fully funded measures but any funding needs to make significant improvements to the energy rating.
If you are on state pension, on a low income of less than £31,000, have savings of less than £16,000, have a long term health condition or disability you may still be able to have your home insulated or receive heating measures under our ECO Flex funding.
Not sure if you qualify? Contact us and the Cosy Homes Team will be able to help you.