Energy Redress Scheme opens for funding applications

Funding

A total of £13 million will be awarded in the latest round of funding. 

14th July 2020 by Gavin Stuart 0 Comments

Charities are being invite to apply for a share of £13m million in funding from Ofgem’s Energy Redress Scheme (ERS).

The scheme, now in its eighth round, offers third sector organisations the opportunity to apply for awards to deliver energy related projects through three different funding streams, including a new Crisis Fund introduced to help address the impact of Covid-19 on vulnerable households.

Managed and delivered by the Energy Saving Trust, the ERS collects voluntary payments from energy companies that may have breached rules to make reparation for the impacts on customers. These are then distributed among charities supporting vulnerable people across the UK.

The current round has two separate funds open to ensure projects of a similar nature and scale are assessed against each other. The Main Fund of £6.5m is aimed at projects seeking grants between £50,000 and £1m, while the Small Project Fund of £500,000 is aimed at projects seeking grants of between £20,000 and £49,999. Both these funds close to new applications at 5pm on 30 July.

Another £6m will be awarded through the Covid-19 Crisis Fund to charities that support vulnerable households who are at crisis point and unable to top up their prepayment energy meters. The fund awards grants between £20,000 and £300,000, and the closing date for applications is 5pm on 27 July.

Only charities that are registered with the ERS and have passed the due diligence process can apply to the open funding rounds. Further information on the scheme and the application process can be found on the Energy Redress Scheme website.