The Ofgem Energy Industry Voluntary Redress Scheme (Energy Redress Scheme) opens its thirteenth round of funding, making £11.5 million available to charities across the UK, excluding Northern Ireland.
Grants will be awarded to further actions that work towards a just transition and reduce the climate emergency’s impact on energy use.
The Energy Redress Scheme, led and performed by Energy Saving Trust, collects voluntary payments from companies that may have breached Ofgem administered rules. The preferences of the Scheme are to help energy consumers in vulnerable situations, develop innovative goods or services and empower customers to decrease their carbon emissions.
The scheme allows charities to apply for funding to deliver energy-related projects through four different funding streams to assure projects of a similar kind and scale are assessed against each other. Ready in this round is £5.75 million.
- The Main Fund contains £3.5 million – aimed at projects seeking grants between £50,000 and £1 million that will support households in vulnerable situations.
- The Small Project Fund contains £500,000 – aimed at projects seeking grants between £20,000 to £50,000 that will support households in vulnerable situations.
- Innovation Fund contains £862,500 – aimed at projects that will develop innovative products or services to benefit households. Applicants can apply for grants between £50,000 to £650,000.
- Carbon Emissions Reduction Fund contains £862,500 – 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 £650,000.
- On top of this the Winter Energy Fund will provide up to £10 million which will be distributed through eligible charities this winter. It is dedicated to pre-payment meter customers who are at risk of self-disconnection. £5.75 million of that comes from the funding being announced today, with the remainder coming from the next funding round.
The deadline for applications is 5.00pm on Monday 15 November 2021.