What is
ECO4 Funding?
The Energy Company Obligation (ECO) Consists of one Distinction called the Home Heating Cost Reduction Obligation (HHCRO) or ‘Affordable Warmth’ scheme. ECO4 is a government backed energy efficiency scheme in Great Britain to tackle fuel poverty and help reduce carbon emissions. The ECO scheme means that medium and large gas and electricity suppliers – including British Gas, EDF Energy, Eon, Ovo, Scottish Power, and SSE are obliged to help households with energy efficiency measures such as Electric Storage Heaters, loft insulation, cavity wall insulation, solid wall insulation, and boiler replacement or repair. The scheme provides funding to help eligible people reduce the cost of heating by installing energy-efficient measures such as Storage Heaters, Loft, Floor, Cavity, IWI Internal Wall Insulation.
How it works
Under ECO, medium and larger energy suppliers fund the installation of energy efficiency measures in British households. Each obligated supplier has an overall target based on its share of the domestic energy market in Britain. The obligated energy suppliers work with installers to introduce certain efficiency measures into your homes, such as loft, floor or wall insulation, or heating measures.
The obligation explained
The Home Heating Cost Reduction Obligation (HHCRO) 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.
Eligibility
You are eligible for ECO if you own your own home and live in it, or are in private rented accommodation.
Receiving Benefits?
If you are in receipt of any of the following benefits listed hereECO4 Eligibility you will qualify for HHCRO funding.
NB: To qualify the benefit recipient can be anyone that lives in the house as the end-user, for example, a disabled child, Grandparents or parents, or spouse receiving a state benefit.
Not receiving benefits?
If you do not receive any of the above Benefits you may Qualify under LA FLEX (Local Authority Flex) or LADS (Local Authority Delivery Scheme). We can offer various finance packages include 0% interest options with NO upfront costs.
ECO4 FUNDING IN 3 EASY STEPS
The first step in the process of VestaEco funding for your home is to check whether or not you are eligible. Learn more about the conditions for eligibility for VestaEco funding or use our eligibility checker below and let us do the hard work for you!
We will arrange a FREE survey by one of our qualified and certified surveyors, this will consist of a 10 -15 minute inspection of your home’s energy efficiency measures, home survey visits are designed to be minimally intrusive.
Once we have identified the measures that can be implemented, we will arrange for the installation works to be carried out with your approval and coordinate the works to maximise the convenience. On average, most works are completed in less than 5 days.