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The Future of the Energy Company Obligation
Posted on: 6 March 2014
By: mackene
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Filed under: News
The Government has launched a consultation exercise on changes the Energy Company Oblication (ECO). The proposals contained in consultation were highlighted as part of Government’s announcement on 2 December 2013 to reduce pressures on consumer bills and ensure ECO provides value for money for energy consumers; whilst continuing to help tackle fuel poverty, support the development of a sustainable energy efficiency supply chain and improve the energy efficiency of our housing stock. The key proposals include the extension of the scheme to 2017, modifying the eligibility criteria for Carbon Saving Communities Obligation (CSCO) and allowable primary measures under Carbon Emissions Reduction Obligation (CERO) to ensure it is easier and cheaper to deliver, and to reduce the 2015 CERO obligation by 33 per cent. Other changes to the ECO include proposals to make ECO easier to administer, easier for customers to understand, and easier to access in rural and off-grid areas.
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