According to the information available, the Energy Company Obligation (ECO4) scheme in the UK provides financial assistance to homeowners who want to make their home more energy efficient.
The value of insulation or heating measures depends on the rating of the property’s energy performance certificate. In summary, the lower the EPC rating, the more measures are installed in the property. The grant is not paid directly to the owner or tenant but is requested by the installer according to the number of measures installed.
The ECO4 program started in July 2022 and is expected to last until March 2026. Grants available under ECO4 are subject to certain eligibility criteria. To be eligible for the ECO4 grant, you must meet the following criteria:
a) You must be the owner or tenant of their accommodation.
b) Your home must have an Energy Performance Certificate (EPC) rating of Group D or below.
You must receive one of the following benefits within 18 months of installation:
-Child Tax Credits
-Income Based Employment and Support Allowance (ESA)
-Income Based Jobseekers Allowance (JSA)
-Pension Credit (Guarantee Credit)
-Pension Credit (Savings Credit)
-Working Tax Credits
Alternatively, you may also be eligible for the Local Government’s FLEX & LADS scheme if you have a household income of less than £35,000 and meet the health or vulnerability criteria,
The exact subsidy amount available to an ECO4 household can vary depending on factors such as the specific energy savings measures required, the cost of the measures and eligibility criteria and conditions that the household meets. You should contact approved installers or authorized organizations, such as eco-suppliers, who have access to the grant program and can help you with the registration processes.
For more accurate and up-to-date information on grants specific to your household, I recommend contacting registered installers or checking official government sources such as: Simple Energy Advice website or Energy Savings Trust website for details and the Home Energy Scotland helpline or the Energy Saving Trust for Scotland website.
Keep in mind that eligibility criteria and funding availability are subject to change, so it is essential to consult the most recent sources for accurate information on grant funding under the ECO4 program.