ECO3

November saw a 13% fall in measures installed under ECO3

The number of measures installed under ECO3 in November was 19% lower than October, BEIS has reported in the latest Household Energy Efficiency Statistics. Published on Thursday 23 January, the statistics show that, since the start of ECO3 in October 2018, 206,000 measures have been installed, including 22,300 measures installed…

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Lifetime of FTCH measures to 20 years under ECO3

On Wednesday 18 December, Ofgem confirmed changes required to the Energy Company Obligation (ECO3) that will allow for a lifetime of First Time Central Heating (FTCH) measures to be increased to 20 years, with scores to be adjusted accordingly. Other amendments to the ECO3 measures include the addition of a…

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Amended methodology for phase three and four of ECO3 confirmed

Following consultation, Ofgem announced on Monday 16 November its final position on ECO3 methodologies for calculating electricity and gas supply volumes. In reflection of the five responses, the regulator confirmed it will amend its methodologies for ECO3 phase three and four to include half-hourly settlement data and to calculate the…

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September saw the highest number of measures installed under ECO3

According to the latest BEIS household energy efficiency statistics, 21,200 measures were installed under ECO3 in September, the highest in a month so far under the scheme. This is a 12.9% increase in the number of measures compared to the previous monthly high in August 2019. Published on Thursday 21…

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ECO3 installs see third monthly rise

BEIS’s latest Household Energy Efficiency Statistics release has shown that installations under ECO3 have increased for the third month in a row. Published on Thursday 22 August, the statistics show that 15,900 measures were installed in June, following May’s 14,600 installs. Since the start of ECO3 in October 2018, 82,900…

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Government launches ECO3 consultation

On Tuesday 23 July, BEIS announced a consultation on proposed changes to the current Energy Company Obligation (ECO3) scheme. Proposed changes include incorporating the TrustMark Government Endorsed Quality scheme into ECO3 as a route to demonstrating compliance with the most up to date relevant standards and ensuring a sufficient consumer…

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Ofgem affirms agreement with BEIS over ECO3 proposals

In its response to BEIS’s recently closed ECO3 consultation on Tuesday 1 May, the regulator said it agrees with the majority of proposals, particularly where there are alignments with its Consumer Vulnerability Strategy objectives. Ofgem supported retaining the current supplier participation threshold and considers that lowering the threshold would result…

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