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Great British Insulation Scheme
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Introducing the Great British Insulation Scheme
Reduce your bills and increase your home’s energy efficiency by taking advantage of the latest government-funded program, the Great British Insulation Scheme. This initiative can help subsidize your home insulation costs.
What is the ECO4 Scheme?
The ECO4 scheme is the fourth phase of the Energy Company Obligation (ECO), a government-funded initiative aimed at enhancing energy efficiency in homes across the UK and combating fuel poverty. With over 31 million home improvements implemented since its inception in 2013, ECO has proven to be a vital program in achieving these objectives. ECO4 represents a significant expansion of the scheme, with a focus on providing increased support to low-income households. This comprehensive guide offers in-depth information on ECO4, including eligibility criteria, covered home improvements, and the application process.
Explaining GBIS Scheme
Home insulation strongly contributes towards reduced energy costs by minimizing heat loss through your walls and ceiling. However, the initial cost can be burdensome. That’s where the Great British Insulation Scheme steps in. Funded by the government, the initiative aims to assist eligible homeowner categories to install insulation, potentially saving each household approximately £300 per annum on energy bills. The scheme intends to aid about 300,000 people, implying either free or discounted home insulation costs. Its unique edge is the increased aid to low-income families and additional support to households with less energy-efficient homes nationwide.
What are the benefits?
Getting insulation through GBIS can provide several benefits for your home. The key benefits include:
- Lower energy bills – Adding insulation improves the energy efficiency of your home, reducing heat loss through the walls, roof and floors. This means you’ll need less energy to heat your home, lowering your heating bills.
- Warmer home in winter – Insulation acts as a barrier to stop heat escaping. This keeps more heat inside your home during the colder months, making your rooms warmer and more comfortable.
- Reduce carbon footprint – Using less energy for heating cuts down on your home’s carbon emissions. Insulating your home is an effective way to reduce its environmental impact.
- Improve energy efficiency rating – Insulating your home could boost its Energy Performance Certificate (EPC) rating. The higher the rating, the more energy efficient your home is. This is attractive for homebuyers if you sell.
Eligibility Criteria
The scheme opens to two major groups: the general public and low-income earners. Please pay close attention to the qualification requirements for each category to assess your eligibility. Importantly, you needn’t be an Octopus Energy customer to apply for the scheme
Applying for the Scheme
Here are some beneficial income-related benefits that qualify you for the low-income group:
- Income-based Job Seekers Allowance (JSA)
- Income-related Employment and Support Allowance (ESA)
- Income Support
- Pension Credit Guarantee Credit
- Working Tax Credit
- Child Tax Credit
- Universal Credit
- Housing Benefit
- Pension Credit Saving Credit
- Child Benefit*
- Warm Home Discount payment
If you’re only in receipt of child benefits, please consult for further information. It is advisable to locate your energy certificate depending on your location, Scotland, England, or Wales or reach out to your landlord or housing association.
Before applying, you should check your eligibility, coordinate a home survey, and schedule an installation.
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