The Company Energy Obligation is an energy efficiency programme designed by the United Kingdom Government to act as an energy subsidy. The programme is formulated to replace the two main existing obligations, the Community Energy Saving Programme and the Carbon Emissions Reduction Target. The two programmes, CESP and CERT were designed to meet their objectives by the end of year 2012. Therefore, the need for ECO was established to take over the obligation concerning the energy efficiency in United Kingdom.
Through the establishment of the identified three different targets, ECO is subjected to improve the efficiency of energy to