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Energy suppliers have already reached almost 97 per cent completion of one of their ECO2 targets, 19 months ahead of the obligation period deadline of March 2017.
ECO statistics released by the government have revealed the Carbon Saving Community Obligation – Rural (CSCO-Rural) target is already at 96.84 per cent completion as of the end of July this year.
This is primarily due to the carry over of work done in excess of last year’s targets, accounting for an estimated 86.4 per cent of the total. This work, known as ‘surplus measures’, has yet to be confirmed by Ofgem so is estimated in the total figures reported.
Work done this year accounts for 4.26 per cent of the target, with a further 6.18 per cent in the pipeline.
The government has yet to announce the future of the ECO scheme after the current obligation ends in March 2017. Suppliers are expected to stop providing measures when current targets are fulfilled until a replacement scheme is announced.
ECO is currently part of a review of all energy efficiency policy by the government following the removal of funding for the Green Deal last month. The outcome is not expected until the autumn.
The CSCO-rural target specifically targets low-income householders living in rural locations. The overall CSCO target is nearing 60 per cent completion.
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