Ofgem opens £20m funding round for charities and community energy groups
The Ofgem Energy Industry Voluntary Redress Scheme has opened to applications for its seventh funding round.
Charities and community energy groups, including community interest companies, co-operative societies and community benefit societies, can now apply for a grant through one of four funding streams, with a total of £20 million available.
Projects will be considered if they support households most at risk from cold homes and high energy bills, develop innovative products and services related to domestic energy use, or address carbon emissions reduction, across England, Scotland and Wales.
Graham Ayling, senior project manager for the Energy Redress Scheme at Energy Saving Trust, said: “With energy prices remaining high, we encourage community and charity groups that work with struggling or vulnerable people in their areas to apply for funding through the Main or Small Project Fund.
“We’ve seen the positive work that such local groups do in helping those most in need, with projects ranging from energy advice supporting vulnerable people, to research aimed at making sure the needs of elderly and disabled people are met by new energy technologies.
“This funding will also aid projects which address the climate emergency, helping to deliver net zero in ways that leave no one behind and help everyone to share in the benefits”.
Cathryn Scott, director for enforcement and emerging issues at Ofgem, added: “Protecting customers is at the heart of Ofgem’s mission, so when we make energy companies pay for falling short of the standards we set, it’s only right that customers should be the ones who benefit.
“Since the Redress Fund was established, more than £100 million has gone to projects helping households who might be struggling with energy bills. This latest round of funding is another opportunity to get funds to communities that need it the most so I would encourage organisations to apply.”
Since 2018, the Energy Redress Scheme has funded more than 535 projects across England, Scotland and Wales and awarded over £100m in funding.
The deadline for applications to this funding round is 5pm on 20 February 2024, via the Energy Redress website. Before applying, organisations need to pre-register by visiting the Energy Redress registration page.
Organisations that haven’t yet registered with the scheme must do so 10 working days before the relevant fund closes to allow time for eligibility checks to take place.