Thursday 14 November 2013

ECO progress, Q3 2013


Charts below showing energy supplier progress notified to the end of August and those which were approved by the end of September as a percentage of their phase 1 & 2 obligations (1 January 2013 to 31 March 2014). 

So, I think if on target they should have about 9 out 12 months (75%) done of phase 1 and 6 out of 12 of phase 2 (50%).  So on average 15/24 = 62.5%? Most are well behind and there are interesting strategies between the suppliers.

The end deadline is 31 March 2015 for all phases however (phase 3 will start 1 April 2014)

The figures do not include excess actions from CERT and CESP, which are likely to be material for some suppliers



Source: Ofgem - October 2013 ECO progress per Ofgem

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