The Energy Company Obligation
The Energy Company Obligation (ECO) is an obligation placed on energy suppliers which aims to help households to cut their energy bills and reduce carbon emissions by installing energy saving measures.
The Energy Company Obligation (ECO4) Amendment Order allows Councils to help households living in fuel poverty, or living on a low income and vulnerable to the effects of living in a cold home, by partnering with energy suppliers and other funders to secure funding to carry out work using the new 'flexible eligibility' mechanism.
To enable residents to benefit from this new funding stream the Council must produce its flexible eligibility criteria in a 'Statement of Intent' and publish it on its website and also notify the Department for Business, Energy and Industrial Strategy (BEIS).
Chorley Council is participating with a number of other Councils across Lancashire to publish a joint Statement Of Intent. This will then be available for use by the energy companies to allocate their funding. Where residents qualify for this flexible eligibility criteria the funder will then need to submit a declaration to the Council before any work can be funded via this route.
The measures provided under the Energy Company Obligation (ECO4) will vary from funder to funder.
View the council's Statement of Intent.
You can also view the statement in accessible format