There are many funding opportunities available including ECO, RHI, RHPP,FIT & GREEN DEAL.
The Energy Company Obligation (ECO) is a legal requirement on the Big 6 Utility suppliers to reduce fuel poverty and carbon in the UK. There is a total of £1.3 billion pounds that must be spent and this funding can either part fund or in some cases fully fund measures in the home. The most common measures covered by this scheme was cavity wall and loft insulation. However, to meet Government targets the big six are now looking into funding such things as; high efficiency boiler swaps, A-rated windows, external wall insulation and biomass systems.
The Green Deal is an innovative financing mechanism that lets people pay for energy-efficiency improvements through savings on their energy bills.
Green Deal launches in January 2013 and applies to both the domestic and non-domestic sector. It will replace current policies such as the Carbon Emissions Reduction Target (CERT) and the Community Energy Saving Programme (CESP).
The Renewable Heat Incentive (RHI) is a UK Government scheme set up to encourage uptake of renewable heat technologies among householders, communities and businesses through the provision of financial incentives. The UK Government expects the RHI to make a significant contribution towards their 2020 ambition of having 12 per cent of heating coming from renewable sources. The Renewable Heat Incentive is the first of its kind in the world.
The Renewable Heat Premium Payment is a one-off grant designed to help towards meeting the costs of installing renewable technologies in your home, until the Renewable Heat Incentive (RHI) is introduced for domestic customers.