The Energy Company Obligation (ECO) is a government energy efficiency scheme in Great Britain that is designed to help reduce carbon emissions and tackle fuel poverty.
In short, the Department for Business, Energy and Industrial Strategy (BEIS) has made the main energy suppliers who have a customer base of 250,000 or more (British Gas, E-on, EDF etc) fund energy saving measures to existing dwellings.
The fundamentals of the scheme are as follows;
To make existing homes warmer and as such more comfortable.
To reduce fuel poverty and save (at present) every single household, regardless of occupiers status, on their fuel bills. Who doesn’t like making a saving?