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The ECO: an evaluation of year 1
Posted on: 1 May 2014
By: mackene
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Filed under: News
The Centre for Sustainable Energy has completed an independent evaluation of the first year of the Energy Company Obligation, including its interactions with the Green Deal. The evaluation shows the ECO as a new scheme beginning to pick up speed after a slow start. After one year it was being delivered within the original estimated costs. But it was not meeting one of its core aims, which was to develop a market for solid wall insulation. This was mainly due to a design flaw in the policy which allowed energy suppliers to prioritise cheaper, easier measures. There was also very little activity in rural areas. The report makes a number of recommendations.
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