How to Pay

How to pay

The cost of creating a warm and cosy home can be offset by the savings you make on your bills.

There are a number of ways that you can pay for home energy saving and renewable energy improvements:


Using savings or additional mortgage borrowing to finance energy efficiency work at home makes sense for some householders, particularly given current interest rates.

By installing energy efficiency measures that deliver the best gains, the savings you make will, over time, pay for the cost of the installation and potentially deliver a return on investment further down the line through lower energy bills. 

Energy Company Obligation (ECO) 

ECO is funding from the big energy companies available to qualifying households to make energy saving improvements. The aim is to reduce the amount of energy that households use and help them to save money.

There are three types of ECO funding:

  • Home Heating Cost Reduction Obligation (HHCRO) - funds energy saving home improvements in qualifying low-income and vulnerable households to help create warmer, healthier homes.
  • Carbon Emissions Reduction Obligation (CERO) - funds solid wall, cavity wall and loft insulation.
  • Carbon Saving Communities Obligation (CSCO) - funds energy saving measures for people living in the bottom 25% of the UK's most deprived areas.

Green Deal

The Green Deal, which was a Government scheme designed to provide up-front financial assistance to pay for domestic energy saving improvements, closed to new applicants in July 2015.

Households that signed up to the scheme took out Green Deal loans which they are paying back through the savings they make on their energy bills.