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The Great British Insulation Scheme formerly known as ECO+, is designed to help households with the cost of installing home energy efficiency measures including loft and cavity wall insulation. It works alongside the existing ECO4 scheme to upgrade some of Britain’s least energy efficient homes.
To qualify for a Great British Insulation Scheme grant consumers need to live in a property with an EPC rating of D or lower, or in one of the lowest Council Tax bands. They must also be a homeowner or private tenant.
Unlike ECO4, which was funded by the energy suppliers, the Great British Insulation Scheme is funded by the Government and provides more streamlined support to consumers. This new scheme also places a greater emphasis on awareness and outreach Click here to know more about it.
How does ECO+ relate to the existing ECO4 scheme?
The Great British Insulation Scheme, previously known as ECO+, is an extension of the existing Energy Company Obligation (ECO4) program. The new PS1 billion scheme aims to help more households with the cost of home insulation.
Unlike ECO4 where eligibility is based on whether a household receives government benefits, the GBIS is open to everyone and will deliver mainly single energy efficiency measures rather than multiple measures across a whole property. Those eligible include private homeowners and tenants, as well as people living in social housing.
The GBIS will support properties with EPC ratings of D and below and Council Tax bands A-D in England, A-C in Scotland and A-E in Wales. It will also focus on delivering measures in hard-to-reach areas, such as solid walls, park homes and room in the roof.
What is the process for applying for an ECO+ grant?
The ECO+ scheme, which will run from summer 2023 until March 2026, will offer homeowners the chance to upgrade their home insulation. The measure may be fully or partly subsidised depending on the type of property and the type of energy efficiency measures required.
The new ECO+ scheme will complement the existing Energy Company Obligation (ECO4). The latter scheme supports households living in social housing, on low incomes or in fuel poverty by helping them make energy efficiency improvements.
As with the ECO4 scheme, the majority of households will receive a full grant for their insulation installation. For the remaining householders who are not eligible for the scheme, they will be asked to pay for part of the cost. This will be based on their household income.
Campaign to promote ECO+ in the media
The UK has a high number of poorly insulated homes, in fact some studies suggest that of all the countries in Europe the UK has the most inefficient housing when it comes to energy. The new Great British Insulation Scheme (previously known as ECO+) will help to reduce this by making homes more energy efficient and helping save households up to PS310 per year on their energy bills.
The ECO+ media campaign will focus on supporting homeowners and private tenants in their efforts to upgrade their properties with loft and cavity wall insulation as well as other energy efficiency measures. The scheme is open to all householders including those on benefits, classed as being in fuel poverty and those who haven’t previously received government funding for home improvements.
What is Greenly?
Carbon footprinting converts a company’s activities into a tangible set of facts and figures. These may fall into different categories called Scopes: Scope 1 (operational emissions), Scope 2 (offsite energy used in operations) and Scope 3 (upstream supply-chain and downstream consumer value chain emissions).
Measuring carbon isn’t easy, but using the right technology can make it easier. Greenly’s SaaS platform helps companies with their carbon accounting and management. This includes calculating their carbon footprint, managing, tracking and reporting on it in one place. Greenly also provides guidance on how to reduce their CO2 footprint and supports them with a roadmap towards becoming a Net Zero Contributor.
Greenly customers range from large global corporations to small local businesses and NGOs. All are supported by a team of experienced experts at the French headquarters and the UK office.
The Greenly team believes that carbon reduction is a strategic issue for everyone. It is a way to differentiate themselves from competitors, and it is becoming increasingly important for attracting and keeping employees. In addition, companies that reduce their carbon footprint can attract the attention of investors and benefit from new markets, opportunities and talent pools. They can also use the Greenly Net Zero Contributor Certified label to show their commitment to the environment. This label, which is now available for all companies, testifies to the transparency and methodological consistency of their carbon management. This helps combat the phenomenon of ‘greenwashing’.
The go-to carbon accounting platform for your business
As investors, customers, and regulators demand more transparency about corporate sustainability practices and emissions, it’s crucial that businesses efficiently track, measure, reduce, and report their GHG (greenhouse gas) and CO2 emissions. This is known as carbon accounting, and it’s increasingly done with dedicated software instead of manual spreadsheet calculations.
The best carbon accounting software will include features that make it easy for companies of all sizes to calculate, track, and store their emissions data. It will also help them set meaningful targets and achieve their ESG goals. For example, a good carbon management solution will allow companies to calculate their greenhouse gas emissions and energy consumption using industry-leading methodologies, benchmark reporting, and energy consumption rates, as well as create simulation scenarios to identify the fastest path to net zero.
Lastly, a great carbon accounting platform will be compatible with a wide range of other ESG and sustainability reporting frameworks and standards, including CDP, GRESB, GRI, SECR, SASB, and DJSI. It will also offer streamlined integration and the ability to manage the entire ESG reporting process with one tool.
The best carbon accounting software is designed with beginners in mind, and is intuitive enough that anyone can use it. Look for a carbon management software that is certified as compliant with local regulations and has strong industry partnerships. It should also provide a high level of customer support. Finally, consider whether the solution provides integrated ESG reporting or if you will need to purchase a separate add-on.
