Ofgem Energy Redress Scheme: £5.2m to Support Energy Projects
Funds from the latest round of the Ofgem Energy Redress Scheme have been awarded to 20 organisations who provide energy advice, support carbon reduction initiatives and develop innovative energy-focused services and products.
The Ofgem Energy Industry Voluntary Redress Scheme (Energy Redress Scheme) has announced how the latest round of funding is being awarded. £5.2 million in grants is being distributed to 20 organisations across England, Scotland and Wales through one of four funding streams, in the seventh round of the scheme.
Argyll, Lomond and the Islands Energy Agency (ALIenergy) will receive £324,000 for its Highland Energy Advice Service. The project aims to advise 4,000 households on raising awareness, increasing resilience and reducing fuel poverty.
Dr Lynda Mitchell, CEO at ALIenergy, said: “The Highland area of Scotland suffers from some of the highest levels of fuel poverty in the whole of the UK. This funding will help us support people with inadequate or unaffordable heating, improving comfort, health and resilience to fuel poverty across the Highland area.”
Also receiving funding is Llanelli based, Menter Cwm Gwendraeth Elli. This project will work closely with agencies to deliver high quality energy advice to residents in Carmarthenshire struggling with their energy bills.
Citizens Advice Stockport, Oldham, Rochdale & Trafford has been awarded funding to develop their EnerGenie project, which will use cutting-edge AI technology to revolutionise the way energy advice is delivered.
The scheme has supported over 600 projects to date
Since 2018, the Energy Redress Scheme has distributed a total of £123 million in funding to support 603 projects in England, Scotland and Wales. The funding is collected through Ofgem’s enforcement and compliance activity, where companies that have breached energy rules agree to make a voluntary payment into the Energy Redress Scheme.
Graham Ayling, senior project manager for the Energy Redress Scheme, said: “We’re pleased to announce £5.2 million of new funding to voluntary sector organisations.
“These funds will support people to save money, energy and keep warm in winter. It will also fund projects that aim to reduce the environmental impact of energy use and help the UK transition to net zero.”
Cathryn Scott, Director for Enforcement and Emerging Issues at Ofgem, said: “Protecting customers is central to Ofgem’s mission. When energy companies fall short of the standards we set, it’s right that customers benefit.
“Since the Redress Fund was established, more than £100 million has supported households struggling with energy bills, showcasing the positive impact we can make. This success is due to our diligent compliance and enforcement teams and the dedication of Energy Saving Trust, who ensure the money reaches those in need.”
