Energy UK responds to ECO announcement
Responding to the Government’s statement on the future of the Energy Company Obligation scheme, Energy UK’s Chief Executive Lawrence Slade said:
"We welcome the Government’s announcement today which provides certainty on the future and design of the Energy Company Obligation (ECO) scheme up until 2022.
“Energy suppliers remain committed to achieving and delivering the ECO obligation and will seek to do so in the most cost-effective manner to minimise the impact on consumers’ bills. Improving the energy efficiency of Britain’s homes is by far the most effective way of keeping bills down and addressing fuel poverty over the long term – as well as contributing to our emissions reduction targets.
“Energy UK continues to be believe that the fairest method of funding energy efficiency programmes is through general taxation as the cost of supplier obligations (such as ECO) are distributed among energy consumers regardless of their ability to pay. In future, energy efficiency must be a fully funded national infrastructure priority”