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The Energy Company Obligation. 1.3 Billion each year until 2015. Carbon Savings - 760 M Carbon Saving Communities – 190 M Affordable Warmth - 350 M Home Heat Cost Savings Obligation. ECO - Objectives. - PowerPoint PPT Presentation
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The Energy Company
Obligation
1.3 Billion each year until 2015
• Carbon Savings - 760 M
• Carbon Saving Communities – 190 M
• Affordable Warmth - 350 MHome Heat Cost Savings Obligation
ECO - Objectives
The Energy Company Obligation is designed to complement the domestic
Green Deal in a number of areas.
ECO will combine with Green Deal finance to make these measures
affordable under the Green Deal.
ECO - TargetingECO will be focused on: -• The needs of the lower income and most vulnerable households.
&• Those properties needing the next most cost-effective measures that do not meet the Golden Rule. (e.g. solid wall insulation)
Who is paying for ECO
ECO is paid for through a levy on our domestic energy bills.Collected by the big six energy providers.Every household contributes, rich or poor.Regardless of the type of heating fuel.
ECO – Cost to Cumbria
£ 12 Million ContributionEach Year until 2015
£36 Million TotalUse it or loose it!
ECO - Delivery
Procurement - May 2013Targeted ECO Areas - June 2013On-Site Projects - Oct 2013
Local Supply Chain ???
What's in it for Business?
• Building Professionals • Construction Trades• Insulation Companies• Media Organisations• Printers • Leaflet Distribution
What's in it for Consumers?
• Area Based Schemes• Access to Surveys• Free Measures – HHCRo• Assisted Measures - ECO• Other Green Deal Measures• Support from your LA
Affordable Warmth
350 Million
Supporting Affordable WarmthThe affordable warmth part of ECO will focus on providing upfront support for thermal performance measures which
will help households to heat their homes more affordably.
MeasuresUnder the Affordable Warmth
Obligation, any measure will be eligible for support if it reduces the notional cost of heating the
property.
Affordable Warmth
Affordable Warmth
Measures on Offer• Loft Insulation• Cavity Wall Insulation• Solid Wall Insulation• Replacement Boilers• Boiler Repairs
(only with Accompanied After Care)
Affordable Warmth
350 Million
Eligibility• Private Tenures Only
Qualifying Benefits• State Pension Credit• Working Tax Credit (Income under £15,860)• Child Tax Credit (Income under £15,860)• Income Related & Support Allowance• Income Based Job Seekers Allowance
Cumbria Affordable Warm
Project
Tom Barlow - Development Officer07793666152
[email protected] www.cumbriawarmhomes.org.uk
