To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the potential financial impact on (a) energy suppliers and (b) builders of ECO4 starting on 1 April 2022 before relevant legislative proposals have been made.
Answered on
16 May 2022
The Government recognises industry preference for legislative certainty to deliver ECO4. However, ECO4 delivery from 1 April 2022, prior to legislation, will still count under the scheme when legislation is in place. Furthermore, the supply chain may continue to deliver to previous ECO3 rules until the end of June 2022, subject to minor amendments. Suppliers have four years to deliver their obligation, and there is not likely to be a financial impact as a result of the legislative timetable.