Funding the free insulation grant scheme
Free loft insulation and cavity wall insulation is installed as part of the Energy Companies Obligation (ECO). ECO insulation grants and free boiler replacement grants are linked to the Green Deal home energy-efficiency improvement loan scheme.
The Green Deal enables energy-saving measures to be installed in the home with no up front cost – your energy company picks up the tab and any home improvements are paid for via the savings on your gas and electricity bills.
ECO grants are non repayable, however and are available to those on State Pension Credit, Child Tax Credits and a variety of other benefit combinations.
ECO is Government-backed and funded by the “Big Six”energy companies in the UK –
- British Gas
- Scottish Power
The UK Government has instructed the largest power companies to put money aside to help people cope with spiraling gas and electric bills, The utility companies have to meet certain targets with regards to lowering Carbon emissions or face enormous fines.
There has never been a better time to take advantage of these free offers.
More information on free insulation grants and replacement boiler grant qualification – ECO Grant Criteria