Is It Possible to Improve Your Home’s Energy Efficiency For FREE?
Are you putting off home improvements because of the costs involved? ECO 3 funding, from your local authority, could change that!
While it’s true that improving or replacing a central heating system can be costly, it’s also true that they’re both real investments that will save you money on your energy bills in the long run. Improving them could also reduce your carbon footprint, something the government are keen to encourage which is why they have made various schemes available in England and Wales, such as the ECO 3 scheme, which offer central heating and insulation grants. These grants are designed to help people access the funds they need to improve their home’s efficiency at either a reduced cost or, in some cases, at no cost at all.
What is the ECO 3 scheme? (Energy company obligation)
The Government led Energy Company Obligation Scheme (ECO 3) helps families who are on low incomes and in receipt of government benefits to reduce their energy bills. If you meet the criteria you could get a free grant towards insulation or a new boiler in your home. Ofgem have explained all the intricacies of the scheme here. If you’re not on receipt of benefits please speak to us as we have access to a number of grants.
All the big energy companies such as British Gas, EDF, E.ON, Npower and Scottish Power are required by the government to help you save money on your heating if you meet the scheme criteria. The easiest way they can do this is to provide better insulation and more efficient heating for your home.
If you’re eligible, the ECO 3 government insulation scheme may provide funding towards insulation for your home. You won’t get a cash pay-out, but you may get free insulation, or a significant contribution towards it that will help to keep your home warm and cut your energy bills. Find out your eligibility by registering your interest here. ECO funding also encompasses HHCRO, The Home Heating Cost Reduction Obligation, which requires energy suppliers to promote the installation of measures that lead to financial savings on energy bills, such as the installation of insulation and heating measures.