In the Paris Agreement of 2015, 195 parties (including the European Union) agreed on reducing global warming’s effect and climate change. The primary effort towards the cause was that each country would work towards lowering its carbon footprint. However, some countries were already acing this race to make a positive impact on the environment.
One such effort is the ECO4 scheme of the UK. Currently, as the name suggests, the scheme is running in its fourth phase. The phase began on July 27, 2022, and will be valid till March 31, 2026. Compared to the ECO3, the program has broader eligibility criteria. It tends to offer more benefits to more people from different income levels.
Since its inception, the ECO scheme has been able to make over 3.1 million upgrades. Anyway, keep reading this article till the end to get a clearer picture of the ECO4 scheme in 2024.
Coming straight to the point, the ECO4 scheme has completed more than 100,000 projects with companies like EDF Energy and British Gas with targets of more than 62% and 47% respectively.
However, slow growth reports have been observed by Octopus Energy, with progress sitting at 31.1%.
Speaking of their targets, the following are some points worth noticing:
These are some key observations that can be seen as the scheme keeps executed with time.
To eliminate carbon and energy wastage at its max, the scheme is set to install some modern and best-in-class technological solutions. Here are a few of them:
Apart from this modern hardware, there are some innovations as well that are part of this scheme.
To make the scheme successful and impactful, the authorities have adopted a holistic approach. Instead of focusing on the number of houses, the scheme has decided to measure the number of measurements taken per house. This way, more and more houses will become more energy efficient. Here is the data below:
And speaking of the ECO4, the average has reached up to a massive number of 4.19 measures per household. Most of the measures have been carried out on houses that use gas as their primary fuel. However, gas is not the only fuel used by households. The following is the list:
Firstly, let’s discover how the benefits are reached to the households based on their property types.
The energy savings measures as per the ECO scheme have reached approximately 2.5 million households. Out of these properties, 72% were houses and 18% were flats.
Speaking of their regional distribution, there were a total of 89,000 measures taken all across Great Britain. Below are the statistics:
So, based on these data, the ECO4 scheme has been doing good lately but can perform much better.
In the 4th stage of the ECO scheme, there have been many questions up in the media discussing the success or failure of the scheme. Hence, this article covered all the necessary details and numbers about the scheme that you might be interested in reading.
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