Welcome to the Eco by Assure company blog! Today, we’re talking all things solar and how the ECO4 scheme can help you reduce your energy bills while contributing to a more sustainable future!
The Energy Company Obligation (ECO4) scheme is a government initiative designed to improve energy efficiency in homes across the UK. Visit our ECO4 info page to learn more!
Why Solar Under ECO4?
The ECO4 scheme is a game-changer for making solar energy accessible to more households, by reducing the financial barriers to installation, solar becomes an even more attractive option for homeowners. Here’s how solar installations under ECO4 can benefit you:
FREE Installation and Cheaper Bills!
The ECO4 scheme provides financial support to cover the cost of solar panel installation, making it more affordable than ever.
Solar panels generate free electricity during daylight hours, which means less reliance on the grid and could lower electricity costs by up to hundreds of pounds per year!
Long-Term Financial Benefits:
Solar panels have a lifespan of 25-30 years or more. Once installed, they require minimal maintenance and continue to provide free electricity for decades.
Solar installations can also enhance the value of your home, making it more attractive to potential buyers.
Case Example
Let’s consider an average UK household with an annual electricity bill of £1,500. With a solar panel system, you could reduce electricity costs by 70%, meaning the annual bill would drop to approximately £450!
This results in an annual saving of £1,050.
Over 25 years, assuming stable energy prices, this household would save about £26,250.
Even taking into account those cloudy UK days, if this saving reduced by half, you could still save over £500 per year! For FREE!
To find out if you could get solar panels through the ECO4 scheme, contact us today or fill out our eligibility checker here:
Am I Eligible?