Funding to support vulnerable energy consumers

26 October, 2021

The Ofgem Energy Industry Voluntary Redress Scheme will be awarding to support initiatives that work towards a just transition and reduce the impact of the climate emergency associated with energy use.

The priorities of the Scheme are to support energy consumers in vulnerable situations, develop innovative products or services and empower consumers to reduce their carbon emissions.

The scheme offers charities the opportunity to apply for funding to deliver energy related projects through four different funding streams, to ensure projects of a similar nature and scale are assessed against each other. Available 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.

To find out more click here

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