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Government launches £1 billion ECO+ scheme to support energy use reduction

Posted: Thursday, December 1st, 2022

The government has launched a new energy efficiency scheme aimed at helping people reduce their energy costs, HVP Magazine has reported.

The new ECO+ scheme will extend support to those who do not currently benefit from any other government support to upgrade their homes. Joining the existing £6.6 billion ‘Help to Heat’ energy schemes, this new £1 billion funding will ensure hundreds of thousands more households benefit from new home insulation and, with that, lower bills.

A new £18 million public information campaign will also offer technical tips and advice for people to cut their energy use, while also keeping warm this winter. Alongside the impact on their bills from the Energy Price Guarantee, the campaign will demonstrate how consumers can make significant savings.

Of the £1 billion funding available through the new ECO+ scheme, around 80% of the funding will be made available for those households who are in some of the least energy-efficient homes in the country – that is, those with an EPC rating of D or below – and in the lower Council Tax bands.

This will benefit those households who do not currently benefit from any other government support to upgrade their homes. Around a fifth of the fund will also be targeted to those who are the most vulnerable, including those on means tested benefits or in fuel poverty.

On top of this, the government will significantly expand its Help for Households campaign to help customers to reduce their own household energy usage and bills, while also giving vulnerable groups the right information for doing this without harming their health.

This includes promoting some of the government’s top recommended actions to help households save money on their energy bills, such as:

reducing the temperature a boiler heats water to before it is sent to radiators (known as the boiler flow temperature) from 75°C to 60°C

turning down radiators in empty rooms

reducing heating loss from the property such as by draught proofing windows and doors.

It also comes ahead of the Business and Energy Secretary setting out his latest package of measures to deliver home-grown, affordable energy – helping to cut bills and bolster the country’s long-term energy security and independence.

Business and Energy Secretary Grant Shapps said: "The government put immediate help in place to support households in the wake of global energy price rises caused by Putin’s illegal march on Ukraine. Today, we launch the first of many measures to ensure the British public are never put in this position again as we work towards an energy independent future."

"A new ECO scheme will enable thousands more to insulate their homes, protecting the pounds in their pockets, and creating jobs across the country.

"And in the short term, our new public information campaign will also give people the tools they need to reduce their energy use while keeping warm this winter."

Chancellor of the Exchequer Jeremy Hunt said: "With Putin’s war driving up gas prices worldwide, I know many families are feeling worried about their energy bills this winter and beyond. Our extensive energy support package is insulating people from the worst of this crisis, but we’re also supporting people to permanently cut their costs.”

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