Oak Tree Energy

Eco Funding

Eco Funding Explained

Energy Company Obligation (or ECO funding) is financial support being provided by the energy companies in order to tackle fuel poverty and help ensure they meet their carbon emission reduction target; this target has been set by the UK government as part of the commitment to reduce carbon emissions by 80% before 2050.

There are set criteria to qualify for Eco funding, however, there has been a significant change within the funding allocation whereby local authorities have the opportunity to be involved in the delivery of the scheme. The local authorities that commit to help deliver the scheme have their own set criteria for qualification and this has resulted in an increase of the number of households being able to access the funding.

Below we have placed a link to the Ofgem website that offers further information relating to the Eco Funding Scheme, it also offers information regarding Local Authority Flexible Funding (LA FLEX). If you would like to know if your home qualifies, please contact Oak Tree Energy who will talk you through the qualification process.

https://www.ofgem.gov.uk/environmental-and-social-schemes/energy-company-obligation-eco