It has been announced that there is £5 million available for charities and community groups through the Ofgem Energy Redress Scheme. Further down in our update, we provide you with helpful links and a webinar that can support your organisation in applying for this grant.
If your organisation supports households who are struggling with the rising costs of energy bills or provides support with carbon emission reduction projects, you may be eligible to apply for a grant through this new scheme. As written on the Energy Redress website (1), there are four different funding streams;
- The Main Fund contains £3 million - aimed at projects seeking grants between £50,000 and £300,000 that will support households in vulnerable situations.
- The Small Project Fund contains £500,000 – aimed at projects seeking grants between £20,000 to £49,999.99 that will support households in vulnerable situations.
- The Innovation Fund contains £750,000 – aimed at projects that will develop innovative products or services to benefit households. Applicants can apply for grants between £20,000 to £200,000.
- The Carbon Emissions Reduction Fund contains £750,000 – aimed at projects that will reduce UK carbon emissions and empower households to reduce their carbon footprint. Applicants can apply for grants between £20,000 to £200,000.
The scheme aims to provide support organisations which provide crucial support to local communities and those most at risk of fuel poverty.
Organisations must be registered for the scheme to apply, and they must register 10 days before the application deadline. The application deadline is 5 pm on 25th May 2023, however, organisations must register 10 days before this deadline. The scheme is available for eligible organisations throughout England, Scotland and Wales.
Over the past 5 years, The Energy Redress Scheme has funded nearly 500 projects across England, Scotland and Wales which equates to £81 million in funding.
Ofgem has appointed Energy Saving Trust (EST) as the official independent Service Provider to manage The Energy Redress Scheme (2). This is to ensure that the funding is allocated and managed in the most efficient and supportive way.
To read more about the scheme and to find support in producing and submitting your application, you can visit the Energy Saving Trust website at the following link:
https://energyredress.org.uk/
NCVO, has a helpful website with information relating to funding, grants and new regulations which can be accessed on the following link: