New boiler grant ECO means Energy Company Obligation. This is a little bit of government legislation that runs alongside the new Green Deal scheme and is made to help low-income and vulnerable households install energy saving improvements for their homes. ECO Funding can cover costly improvements that might not otherwise belong to the Green Deal golden rule, which states that the amount being saved must outweigh the expense of the whole shebang. You can find four main improvements that ECO Funding is meant for:
Improvements made with the ECO Funding scheme are covered directly by the big energy suppliers. The government has said excitedly that they have to help improve the vitality efficiency of disadvantaged households and hard-to-treat homes.
May i get ECO Funding?
The ECO scheme will explain to you three different categories:
CERO: Carbon Emission Reduction Obligation
Primarily for hard-to-treat homes including period properties, either public or private, that can't use the standard methods of insulation. Probably the most likely improvements will probably be solid wall insulation or cavity wall insulation designed specifically for older structures.
CSCO: Carbon Saving Community Obligation
This section of the scheme is made for those living in specific areas, offering insulation and heating improvements. Your individual circumstances aren't considered, where exactly you live.
HHCRO: Warming Cost Reduction Obligation
Especially for those found on low-incomes or who already receive certain qualifying benefits, HHCRO will offer you any measures which help reduce the household's heating costs. Check your HHCRO eligibility now.