Energy Company Obligations (ECO)
ECO is a government energy efficiency initiative to lower carbon emissions by supporting low-income and vulnerable households to heat their homes.
At Sirius Partners, we build homes of all shapes and sizes to cater to all types of homeowners.
ECO is a domestic energy efficiency programme that was introduced in January 2013 to lower the UK’s energy consumption by supporting people living in a fuel poverty. The programme can help households reduce energy loss from a property and lead to less energy use.
Since energy efficiency plays a major role in helping to reduce energy bills, following installation of most measures the difference will be immediate. Every property will require different measures to get the most effective results, which is why it is essential for the householder to work closely with their provider to select the best options.
To qualify for the scheme, our homeowners would need to receive some of the following benefits:
Pension Credit
Child Tax Credit
Working Tax Credit
Income of £15,860
Income Support
Income-based Jobseeker’s Allowance
Income-related Employment and Support Allowance
The last four obligations from the previously mentioned list require fulfillment of one extra condition from the homeowner:
You’re responsible for a child under 16 (or under 20 if they are in education or training)
You receive Disabled Child Premium
You receive Disability Premium
You receive Pensioner Premium
You are 60 or over (only if you get Working Tax Credit)