ECO4 is the fourth and final phase of the government's energy obligation. It is due to start on 1st July 2022 and continue until 31st march 2026. Next Energy will have full participation within this upcoming scheme and install a high number of heating, insulation and renewable measures.
The new ECO4 scheme is the latest version of the government’s ongoing initiative to increase energy efficiency in lower income households. The number of households in fuel poverty is rising and reducing heating costs is the most effective single measure limiting this rise.
The main elements of ECO4 are insulation, heating sources and renewables. Insulation reduces the amount of energy needed by improving heat retention, more efficient and cheaper methods of heating will lower bills and the use of renewables can ultimately cut expenditure significantly.
Insulation options include external, internal, hybrid and cavity wall measures as well as flat roof, loft, pitched roof and party wall insulation. There are also solid floor and underfloor solutions.
Heating technology offers several energy efficiency alternatives, such as the replacement of boilers with non-condensing boilers with condensing boilers, air source heat pumps, electric storage heaters, first time central heating and more effective heating controls.
The main focus of ECO4 renewables is photovoltaic solar panels which can provide energy to the household and deliver any excess to the national grid.
ECO4 is scheduled to run from July 2022 to March 2026 and eligibility extends across England, Scotland and Wales. Properties must have an EPC rating of C, so primary insulation measures must be implemented to raise any where ratings are below C. According to OFGEM 3.5 million homes will be eligible.
£1 billion has been made available and the target saving for consumers every year as a result is £224.3 million
Contact us today to find out more about ECO4 today, our phone number is 0151 440 2902 or email us at info@futureproof-homes.co.uk
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