Green Deal, Energy Company Obligation schemes help UK households to become more energy efficient

Energy

Over half a million householders in the UK have received help from the government’s Green Deal and Energy Company Obligation (ECO) schemes to make their homes warmer, greener and cheaper to heat, the Department of Energy & Climate Change (DECC) revealed on Friday.

Following the introduction of the schemes last year, which are designed to help people take control of their energy use and reduce their bills, 517,000 UK households have been helped to improve energy efficiency in their homes. This is more than half way to the meeting government’s target of one million homes being upgraded through ECO and the Green Deal by April 2015.

According to the DECC, the Green Deal offers tailored advice about affordable ways to improve properties and make it easier to maintain stable temperatures in the home. Statistics show that 163,000 Green Deal assessments had taken place by the end of February this year. Two projects that have researched awareness of the Green Deal and customer experiences which show that approximately 80% of households that had a Green Deal assessment between January 2013 and October 2013 have installed, are in the process of installing, or intend to install, at least one measure for energy efficiency.

The ECO scheme was introduced in January 2013 and is intended to reduce the UK’s energy consumption, as well as provide support to people living in fuel poverty. Funded by energy suppliers obligated under the scheme, which determine how much subsidy they provide to each consumer, depending on individual circumstances and the amount of Green Deal finance being used. It funds energy efficiency improvements worth approximately GBP1.3bn annually.

Ed Davey , Secretary of State for Energy and Climate Change, commented: “This government is taking action to help people and businesses control their energy bills now. Last December we announced that we were reducing the cost of government policies, saving households an average of GBP50 each.

“Yesterday, this government announced measures in the Budget to ensure continued investment in low carbon technology, retain our competitiveness and continue to guarantee energy security. The Budget measures will lower households electricity bills by an estimated GBP15 in 2020.

“With regards to the Green Deal and ECO, making it easier for people to have more energy efficient homes is the best way to put consumers in control so they can keep bills down permanently.

“It’s clear there is a real appetite for more energy efficient homes, which also helps to reduce carbon emissions as well as creating jobs and economic growth in the energy efficiency sector.”

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