The new Carbon Emissions Reduction Fund will support initiatives principally aimed at reducing the climate change impact associated with energy use, which relate to Ofgem’s regulated areas of energy generation, distribution, supply and use. Grants of between £50k and £500k are available.
The Energy Redress Scheme is managed by Energy Saving Trust, which has been appointed by Ofgem to distribute payments to charities from energy companies who have breached rules.
The funding is for projects that meet the following criteria:
- Demonstrate measurable and lasting reductions in the carbon intensity of energy end use and accelerate the transition to net zero carbon
- Show a realistic prospect of delivering broadly replicable benefits to existing and/or future energy consumers
- Proved to be efficiently managed throughout the project.
Previous grants have enabled charities to deliver projects that help energy consumers in vulnerable situations to save energy and money in their homes and to live warmer, more comfortable lives.