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Ofgem – Energy Industry Voluntary Redress Scheme

Ofgem – Energy Industry Voluntary Redress Scheme

Charities and community groups in England, Scotland, and Wales can apply for a share of £5 million to support vulnerable households most at risk from cold homes and high energy bills or for projects that develop innovative products and services to reduce domestic energy use and carbon emissions.

The Funding which is being provided through the Ofgem Energy Redress Scheme and administered by the Energy Saving Trust has been running for five years, and is funded by voluntary payments collected by Ofgem from companies that may have violated Ofgem administered regulations.

Charities and community groups can apply for grants through four different funding streams to deliver energy-related projects.

The Main Fund, with £3 million allocated to it, supports projects seeking grants between £50,000 and £300,000 that aid households in vulnerable situations.

The Small Project Fund, with £500,000 allocated to it, aims to assist projects seeking grants between £20,000 to £49,999.99 that will support vulnerable households.

The Innovation Fund has £750,000 available for projects that develop innovative products or services to benefit households, and applicants can apply for grants ranging from £20,000 to £200,000.

The Carbon Emissions Reduction Fund, which has £750,000 allocated to it, is intended for projects that reduce UK carbon emissions and empower households to reduce their carbon footprint. Applicants can apply for grants ranging from £20,000 to £200,000.

Organisations that are pre-registered can apply to the open rounds, and there are currently 1,239 registered organisations with the Energy Redress Scheme.

To apply, organizations must be pre-registered. If an organisation has not yet registered with the scheme, it must do so at least ten working days before the relevant Fund closes to allow for eligibility checks.

The deadline for applications is 5 pm on the 25th May 2023.

More info:

Organisation name:
Ofgem – Energy Industry Voluntary Redress Scheme

Deadline:
25-05-2023

Link:
https://energyredress.org.uk/

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