Energy-Efficient Upgrades for Landlords – ECO4 Grants
Are you a landlord? Did you know the GBIS and ECO4 schemes can benefit you by improving your property's energy efficiency and raising its value? However, your tenant must meet specific eligibility criteria to qualify for ECO4 funding.
The Eco Group is here to help you navigate the process, ensuring you can access funding for a wide range of free energy-saving improvements with an eligible tenant. From insulation and new boilers to solar panels and more, these upgrades will make your property more comfortable and eco-friendly and benefit your tenants by lowering their energy costs.
What is ECO4?
The Energy Company Obligation (ECO4) is a UK government initiative to tackle fuel poverty and reduce carbon emissions. Starting April 1, 2022, and running until March 31, 2026, ECO requires energy companies to implement energy efficiency measures in homes rated D-G, prioritising private homes in E-G.
New minimum requirements mandate that homes in bands D and E be upgraded to at least band C. In contrast, F and G homes must reach band D. Measures include insulation, first-time central heating, and renewable energy solutions. A portion of energy bills (7-13%) funds ECO, helping to lower energy costs for inefficient properties and improve overall energy efficiency.
What is GBIS?
The Great British Insulation Scheme is a new government energy efficiency scheme (formerly known as ECO+) administered by Ofgem. It is designed to improve the least energy-efficient homes in Great Britain to tackle fuel poverty and help reduce energy bills.
The scheme complements the Energy Company Obligation (ECO4) scheme, yet unlike ECO4’s ‘whole house’ approach, this scheme will mostly deliver single insulation measures.
It also supports low-income and vulnerable households. It is available to those living in homes with an Energy Performance Certificate rating of D-G and within Council Tax bands A-D in England and A-E in Scotland and Wales.
The scheme works by placing an obligation on medium and large energy companies to deliver measures that reduce energy usage. The scheme began in April 2023 and is scheduled to end in April 2026.
Eligible Energy-Saving Upgrades
You can access a range of energy-saving improvements through the Energy Company Obligation (ECO4) and Great British Insulation Scheme (GBIS). These upgrades are designed to enhance the warmth and comfort of your property while reducing your tenant’s energy bills. It’s a win-win solution that benefits your tenants and adds value and energy efficiency to your property.
Energy Efficient Boilers
Electric Storage Heaters
First Time Central Heating
Solar PV Installation
Heating Control
Air Source Heat Pumps
Loft Insulation
Room In Roof Insulation
Cavity Wall Insulation
Solid Wall insulation
Under Floor insulation
Take the first steps to improving your rental property for free!
Act now to apply for the government-backed ECO4 & GBIS program designed to enhance the energy efficiency of your rental property, all for free. With an eligible tenant, you can access financial support and incentives to implement energy-efficient upgrades. These improvements will reduce energy costs for your tenants and increase your property's value and sustainability, helping you reduce your environmental footprint.
