The UK government has a mission to reduce carbon emissions and fuel poverty by helping homeowners upgrade their heating systems. This is possible through the ECO4 scheme, which is currently in its fourth phase. The ECO4 scheme prioritizes sustainability to help create a circular economy and reduce costs for UK families.
The main requirement to qualify for eco4 scheme UK funding is that you or someone living in your household receives a qualifying benefit. This includes Universal Credit, Pensioner Credit, Income based Job Seekers Allowance, Income related Employment and Support Allowance, Housing Benefit, Child Tax Credits or Working Tax Credits. Those who live in social housing with an EPC rating of D, E, or F are also eligible for ECO4 funding.
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This scheme is the fourth iteration of the Energy Company Obligation (ECO) scheme and replaced its previous phase, ECO3. This initiative obligates the major UK energy suppliers to fund home improvements that improve energy efficiency. The aim is to help subsidize these upgrades, which can significantly reduce energy bills for eligible households.
Aside from reducing energy costs, the ECO4 scheme helps reduce carbon emissions and contributes to the UK’s goal of becoming a net zero carbon nation. It also supports the installation of renewable energy systems, which can lower reliance on fossil fuels.
In order to be eligible for the ECO4 scheme, you need to contact an energy supplier that offers the scheme and undergo a home assessment with a Green Deal approved installer. They will assess the energy efficiency of your property and recommend any required measures. If the energy supplier approves the funding, the installer will install the measures and your energy bills should be reduced as a result.