Grant News
The Ofgem Energy Industry Voluntary Redress Scheme (Energy Redress Scheme) has opened for its seventh funding round. A total of £20 million is available for charities and community energy groups to apply for grants through four funding streams.
The Energy Redress Scheme was set up by Ofgem in 2018 to distribute payments from energy companies that have breached Ofgem rules. The scheme has so far awarded over £100 million to support vulnerable energy customers and carbon emission reduction initiatives.
Projects will be considered that focus 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 funding streams available are:
- The Main Fund, containing £13.25 million - aimed at projects seeking grants between £50,000 and £2 million that will support households in vulnerable situations.
- The Small Project Fund, containing £750,000 – aimed at projects seeking grants between £20,000 to £49,999 that will support households in vulnerable situations.
- The Innovation Fund, containing £3 million – aimed at projects that will develop innovative products or services to benefit households. Applicants can apply for grants between £20,000 to £1 million.
- The Carbon Emissions Reduction Fund, containing £3 million – aimed at projects that will reduce UK carbon emissions and empower households to reduce their carbon footprint. Applicants can apply for grants between £20,000 to £1 million.
To apply, organisations need to be pre-registered 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.
The deadline for applications is 5pm on 20th February 2024. To apply follow the instructions on the Energy Redress website.