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