A total of £22 million in funding is available to charities and community energy groups in England, Scotland and Wales for projects that help energy consumers in vulnerable situations to reduce their bills and carbon emissions.
The funding is made available through the Ofgem Energy Industry Voluntary Redress Scheme which supports projects that help households most at risk from cold homes and high energy bills by distributing payments from energy companies who may have breached Ofgem rules.
There are four funding streams open in this round:
- The Main Fund contains £14.4 million - aimed at projects seeking grants between £50,000 and £2 million that will support households in vulnerable situations.
- The Small Project Fund contains £1 million – aimed at projects seeking grants between £20,000 to £49,999 that will support households in vulnerable situations.
- The Innovation Fund contains £3.3 million – aimed at projects that will develop innovative products or services to benefit households. Applicants can apply for grants between £50,000 to £1 million.
- The Carbon Emissions Reduction Fund contains £3.3 million – aimed at projects that empower householders to reduce their carbon emissions and engage positively with the transition to net zero. The fund awards grants between £50,000 to £1 million.
Nearly one thousand organisations are already registered with the Energy Redress Scheme and can apply to the open rounds.
Organisations that have not yet registered with the scheme must do so 10 working days before the closure of the relevant Fund to allow time for eligibility checks to take place.
The deadline for applications is 5pm on the 6th October 2022.