Energy UK Statement: response to savings on Energy Companies Obligation (ECO)
“Energy suppliers are committed to delivering ECO as cost effectively as possible while complying with Ofgem’s rules and keeping customer service at the forefront of all their activities.
The major companies have all already announced that they will pass on savings of between £30 and £35 to customers following a restructure of ECO. The cost of delivering ECO will vary from company to company but the industry welcomes further transparency to make ECO more open and easy to understand. The industry is still delivering ECO. The final cost of the scheme won’t be known until the obligation is completed.”