ECO 4 Funding
ECO4 is now finally upon us, and we’ll be one of many certified contractors working to deliver high quality work under the scheme.
ECO, also known as the Energy Company Obligation is a form of funding supplied via major energy suppliers to improve the energy efficiency of homes in the UK. ECO4 is the latest version of this funding and the scheme is administered by Ofgem.
The goal of ECO4 is to help provide funding towards energy efficiency improvements of lower income households or those in fuel poverty to makes these improvements affordable or in some cases free. ECO4 funding is targeted to homes that currently have low or poor energy efficiency and are at band D or below on the Energy Performance Certificate (EPC) of the property.
A wide range of improvements can be carried out under the ECO scheme, this includes:
- Solid Wall Insulation (both Internal and External Wall Insulation)
- Cavity Wall Insulation
- Loft Insulation
- Pitched Roof Insulation
- Roof Room Insulation
- Solar PV
- Heating Systems & Controls
This list is not comprehensive and other measures may be available for your property. All of the work carried out under ECO4 is completed by fully qualified and certified installers who will be PAS2030 and Trustmark certified. This means that installers of the scheme will understand the importance of quality work and follow an approved process.
How Do I Qualify?
To qualify, someone living at the address where work will be carried out needs to meet the ECO criteria as set by Ofgem. For ECO4, this means being on one of the below benefits:
1) Income based Jobseekers Allowance (JSA),
2) Income related Employment and Support Allowance (ESA),
3) Income Support (IS),
4) Pension Credit Guarantee Credit (PCGC),
5) Working Tax Credit (WTC),
6) Child Tax Credit (CTC),
7) Universal Credit (UC),
8) Housing Benefit,
9) Pension Credit Savings Credit (PCSC),
10) Child Benefit*
*Child benefit has some specific income requirements that also apply in order to qualify for funding, this is found in the table below.
| Number of Children | 1 | 2 | 3 | 4+ |
| Single Claimant | £19,900 | £24,800 | £29,600 | £34,500 |
| Couple | £27,500 | £32,300 | £37,200 | £42,000 |
In addition, those that receive the Warm Home Discount scheme can also qualify for ECO4 funding.
Our team will always be on hand to help answer any questions you have about accessing funding for works at your property and will be able to help advise what work you may be able to have carried out.
To get in touch with us about ECO Funding for your property visit our contact page, give us a call on 01763 208563 or email us.