£14m Ofgem Energy Redress Scheme
The sixth round of funding of the Ofgem Energy Industry Voluntary Redress Scheme (Energy Redress Scheme) closed on 14 November 2023.
Organisations wishing to access the Energy Redress Scheme, in future, must complete a simple online information form so that Energy Saving Trust can check whether they are eligible to apply.
A total of £14 million was available for charities and community energy groups – including community interest companies, co-operative societies and community benefit societies – to apply for grants through four funding streams. Projects were considered that focussed on supporting households most at risk from cold homes and high energy bills, the development of innovative products and services related to domestic energy use, or carbon emissions reduction projects, across England, Scotland and Wales.
The scheme prioritises support for vulnerable energy consumers, the development of innovative products or services and the empowerment of consumers to reduce their carbon emissions. The funding streams available in 2023 were:
- The Main Fund, containing £9.3 million – aimed at projects seeking grants between £50,000 and £1 million that would support households in vulnerable situations.
- The Small Project Fund, containing £500,000 – aimed at projects seeking grants between £20,000 and £49,999 that would support households in vulnerable situations.
- The Innovation Fund, containing £2.1 million – aimed at projects that would develop innovative products or services to benefit households. Applicants could apply for grants between £20,000 and £500,000.
- The Carbon Emissions Reduction Fund, containing £2.1 million – aimed at projects that will reduce UK carbon emissions and empower households to reduce their carbon footprint. Applicants were able to apply for grants between £20,000 and £500,000.
Organisations that meet the initial criteria will be notified and will be emailed a link to create an account, through which they can apply for all subsequent rounds.