Budget Response

The Chancellor has just finished delivering her budget. After weeks of speculation about cuts to funding it’s now official:

No ECO5.

No rollover.

No replacement obligation scheme.

Before panic sets in here’s the bigger picture.

Even though ECO is closing, the UK is still putting huge volumes of investment into net-zero and carbon-reduction programmes – from renewables, nuclear, Warm Home Discount expansion, the Sizewell C levy, Contracts for Difference, the Capacity Market, and wider decarbonisation funding.

These alone run into the tens of billions over the forecast period.

So no — retrofit isn’t disappearing. It’s shifting.

Government is moving from “levy-funded household efficiency” to a broader “tax-and-invest” model across clean energy and net-zero infrastructure.

We spoke to Clint our Head of Partnerships who commented:

“Stay calm. Stay measured. Stay focused.”

“ECO ending changes the shape of the work, not the need for it.”

“And with the IAA Conference tomorrow, we’ll hopefully get more clarity and direction on how the sector adapts, collaborates, and keeps pushing forward.”

“There’s a lot happening, but there’s no value in panic.”

“Just preparation, partnership, and keeping your head while everyone else is shouting.”

Over the next few days and week the focus will be on the detailed analysis and political and business reaction to the announcements.

Watch this space.

Related articles

The Role of Green Mortgages in the UK’s Transition to Net Zero
Our CEO Luke Loveridge talked with our expert AI advisor Mike Tipping to gain greater insight into the current state of the art in AI.
Smarter and healthier homes with Aico HomeLINK
5 ways to save energy this winter
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

Analytics

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.