The Electricity and Gas (Energy Company Obligation) Order 2023
Amends/Commences: New legislation
Comes into force: 24th July 2023
Jurisdiction: England, Scotland, Wales
This Order establishes a new Energy Compliance Obligation (ECO) scheme, ECO4A, which operates in conjunction with the 4th Energy Compliance Obligation scheme (ECO4). The scheme places duties on large energy suppliers to implement energy efficiency measures and aims to reduce the cost of heating domestic properties.
The scheme is split into 3 phases.
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Phase A: 25th July 2023 to 31st March 2024.
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Phase B: 1st April 2024 to 31st March 2025.
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Phase C: 1st April 2025 to 31st March 2026.
To fulfil their obligations, licenced gas and energy suppliers must promote:
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their qualifying actions;
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low-income qualifying actions; and
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the benefits of using a smart meter.
For more information, click here.