the energy company obligation

The Energy Company

Obligation

1.3 Billion each year until 2015

• Carbon Savings - 760 M

• Carbon Saving Communities – 190 M

• Affordable Warmth - 350 MHome Heat Cost Savings Obligation

ECO - Objectives

The Energy Company Obligation is designed to complement the domestic

Green Deal in a number of areas.

ECO will combine with Green Deal finance to make these measures

affordable under the Green Deal.

ECO - TargetingECO will be focused on: -• The needs of the lower income and most vulnerable households.

&• Those properties needing the next most cost-effective measures that do not meet the Golden Rule. (e.g. solid wall insulation)

Who is paying for ECO

ECO is paid for through a levy on our domestic energy bills.Collected by the big six energy providers.Every household contributes, rich or poor.Regardless of the type of heating fuel.

ECO – Cost to Cumbria

£ 12 Million ContributionEach Year until 2015

£36 Million TotalUse it or loose it!

ECO - Delivery

Procurement - May 2013Targeted ECO Areas - June 2013On-Site Projects - Oct 2013

Local Supply Chain ???

What's in it for Business?

• Building Professionals • Construction Trades• Insulation Companies• Media Organisations• Printers • Leaflet Distribution

What's in it for Consumers?

• Area Based Schemes• Access to Surveys• Free Measures – HHCRo• Assisted Measures - ECO• Other Green Deal Measures• Support from your LA

Affordable Warmth

350 Million

Supporting Affordable WarmthThe affordable warmth part of ECO will focus on providing upfront support for thermal performance measures which

will help households to heat their homes more affordably.

MeasuresUnder the Affordable Warmth

Obligation, any measure will be eligible for support if it reduces the notional cost of heating the

property.

Affordable Warmth

Affordable Warmth

Measures on Offer• Loft Insulation• Cavity Wall Insulation• Solid Wall Insulation• Replacement Boilers• Boiler Repairs

(only with Accompanied After Care)

Affordable Warmth

350 Million

Eligibility• Private Tenures Only

Qualifying Benefits• State Pension Credit• Working Tax Credit (Income under £15,860)• Child Tax Credit (Income under £15,860)• Income Related & Support Allowance• Income Based Job Seekers Allowance

Cumbria Affordable Warm

Project

Tom Barlow - Development Officer07793666152

ThomasB@carlisle.gov.uk www.cumbriawarmhomes.org.uk