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Is there any funding remaining for ECO4?
Carpet_Petcar
Posts: 1 Newbie
I live in a rural village that has no mains gas. I have oil-fired central heating. My boiler is well over twenty years old and I was anticipating changing it next year as I've had an oil leak.
In October a chap came to my door and told me about ECO4. It sounded great and so they sent a surveyor to carry out an EPC survey and take copies of my documentation to show I am eligible under the low income (less than £31k per annum) route. It then went quiet so I rang to find out what was happening and was told that the funding from the energy companies has been suspended. I rang the County Council who said that Octopus and British Gas had stopped their funding but possibly other energy companies still had funding. They sent me a list of installers so I could call them and see if they were receiving funding from an energy company. I rang a couple but got the same story - apparently in yesterday's Budget the Chancellor announced an end to ECO4 - with no ECO5 in the pipeline. Instead money will be used to lower everyone's bills. (Electricity and Gas bills I presume - I don't see how this will affect oil pricing which accounts for three quarters of my energy costs). So the companies don't think there will be any more funding from the energy companies and therefore no new installations under ECO4.
ECO4 was supposed to run until end of March 2026... and it appears I am eligible and my house appropriate. (It's a 1966 house so would need insulation, new radiators etc. along with the boiler replacement.)
Does anyone know if there is funding out there and if so how I might be able to access it?
I can't afford an air source pump PLUS all the modifications to the house that are needed if I were to have one if I don't receive the grant - so would be looking at replacing my current boiler with another simple oil fired burner next year. But, if I understand it correctly, with the government doing away with all oil fired central heating from 2035 what do I do then if I have to have a new boiler? I've actually found myself thinking - don't worry about it.. you might not be alive then.
In October a chap came to my door and told me about ECO4. It sounded great and so they sent a surveyor to carry out an EPC survey and take copies of my documentation to show I am eligible under the low income (less than £31k per annum) route. It then went quiet so I rang to find out what was happening and was told that the funding from the energy companies has been suspended. I rang the County Council who said that Octopus and British Gas had stopped their funding but possibly other energy companies still had funding. They sent me a list of installers so I could call them and see if they were receiving funding from an energy company. I rang a couple but got the same story - apparently in yesterday's Budget the Chancellor announced an end to ECO4 - with no ECO5 in the pipeline. Instead money will be used to lower everyone's bills. (Electricity and Gas bills I presume - I don't see how this will affect oil pricing which accounts for three quarters of my energy costs). So the companies don't think there will be any more funding from the energy companies and therefore no new installations under ECO4.
ECO4 was supposed to run until end of March 2026... and it appears I am eligible and my house appropriate. (It's a 1966 house so would need insulation, new radiators etc. along with the boiler replacement.)
Does anyone know if there is funding out there and if so how I might be able to access it?
I can't afford an air source pump PLUS all the modifications to the house that are needed if I were to have one if I don't receive the grant - so would be looking at replacing my current boiler with another simple oil fired burner next year. But, if I understand it correctly, with the government doing away with all oil fired central heating from 2035 what do I do then if I have to have a new boiler? I've actually found myself thinking - don't worry about it.. you might not be alive then.
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Comments
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The money will mostly come off the standing charges. But I don't suppose you have to pay standing charges for oil.After 2035 it will be heat pumps or modern storage heaters (which are much better than the old ones). By that time, heat pumps should be commodity items, and much cheaper than now.If it sticks, force it.
If it breaks, well it wasn't working right anyway.0 -
Carpet_Petcar said:ECO4 was supposed to run until end of March 2026... and it appears I am eligible and my house appropriate. (It's a 1966 house so would need insulation, new radiators etc. along with the boiler replacement.)
Does anyone know if there is funding out there and if so how I might be able to access it?ECO4 funding comes fom the energy companies. The number of ECO4-obligated energy suppliers is relatively few - twelve if I'm counting correctly. You could contact all of them and see if any have funds remaining?N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.0
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