ECO is an abbreviation for ‘Energy Company Obligation’, which was set up by the UK government to combat fuel poverty. This scheme compels the largest energy companies in the UK to help those who are most in need of energy saving measures and cut down on their energy bills.
The eligibility criteria mainly includes those on Pension credits, Income Support/Employment Support Allowance or the JSA, Child/Working Tax Credits, or anyone who is receiving additional benefits to help people with low or merely no income at all, homes with a faulty or broken condensing heating, energy system, plus applicants must be the landlords or a private tenant.
Do You Know That There Are Storage Heater Grants Available for Landlords?
Anyone who intends to apply for energy saving grants will have to provide the details of the energy system, such as the model, make and the approximate age, along with some proof of their tax credits or income-related benefits to ensure if the person is eligible for the scheme. A newly installed, efficient energy system is less likely to break down or require much maintenance, offering the landlords with great peace of mind, costing them less in repairs along with ensuring that environment stays clean too!
There are considerable benefits for the landlords who encourage their tenants to apply for this particular grant since April 2016, the landlords are lawfully obliged to take into account their tenants requests to make their home warmer and that also by hiring services that can help bring down the heating and energy costs down through a vast range of heating, energy saving and renewable energy solutions.
To get hold of the free storage heaters, the landlords are advised to take utmost advantage of the ECO grant today to save money on changes that they are more likely to make in the future. Opting for a new, efficient energy system will certainly help contribute to raising the Energy Performance Certificate rating of the household and since April 2018, all the landlords in the UK are officially required to improve their homes as it could help reach E ratings to the least – so it is the best time to act! Moreover, with energy efficient systems, the landlords could easily attract future tenants as all the energy systems installed under the ECO scheme will be A-rated condensing models, which will not only help cut down on the energy costs but also help reduce the property’s CO2 emissions, making the environment greener!
After the installations, landlords and tenants both will start saving money on their energy bills and help to warm their homes a lot more efficiently. Moreover, landlords may consider hiring services who could help them with getting approved grants and other finance options to make sure that the entire process is affordable, easy and a huge no-brainer.
Get in touch with these energy experts today if you think you could be eligible for a Green Deal Approved Energy Grant. Learn more about storage heater grants available for landlords by browsing through this link!