Jefferies have agreements in place with ECO funding providers as a PAS2030 installer of energy efficient measures. We can secure funding for our clients in addition to installation.
The Energy Company Obligation (ECO) is a government energy efficiency scheme in Great Britain to help reduce carbon emissions and tackle fuel poverty.
The scheme began in April 2013, and over time it has been amended. The latest policy, ECO3, commenced on 3 December 2018, and applies to measures completed from 1 October 2018.
You can see a summary of the changes made to the scheme in 2018 on the Department for Business, Energy and Industrial Strategy’s website.
You can also read more about the previous versions of ECO on the ofgem website.
This ECO policy will be entirely formed from one obligation, the Home Heating Cost Reduction Obligation (HHCRO).
Under HHCRO, obligated suppliers must mainly promote measures which improve the ability of low income, fuel poor and vulnerable households to heat their homes. This includes actions that result in heating savings, such as the replacement of a broken heating system or the upgrade of an inefficient heating system.
Under ECO2t, which ran from 1 April 2017 to 30 September 2018, suppliers were also required to deliver against an additional obligation called the Carbon Emissions Reduction Obligation (CERO).
