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ECO3 – The shape of things to come

Ed Reed Head of Research

The BEIS consultation on the next phase of the Energy Company Obligation that runs from October 2018 to March 2022 (ECO3), published on 4 April, sets a path for supplier energy efficiency schemes over the coming years. The headline proposal, originally stated in the 2015 Spending Review, is that the next ECO phase will focus on measures to reduce fuel poverty rather than explicitly to cut energy usage and carbon emissions. This objective is to be achieved with a spend unchanged in real terms ...

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