The Energy Industry Voluntary Redress Scheme, known as the Energy Redress Scheme, is managed by Energy Saving Trust, which has been appointed by Ofgem to distribute payments to charities from energy companies who have breached rules. The scheme will be administered until 2022.
The priority of the scheme is to support energy consumers in vulnerable situations and to deliver benefits to the types of consumers that were negatively impacted by the specific issues that triggered the redress payment. In addition to this core priority, up to 15% of Energy Redress funds can support the development of Innovative products and services related to energy. Innovation projects must have a realistic prospect of delivering benefits to existing and/or future energy consumers and help to reduce the environmental impact of energy use.
Applications for Round Nine can be submitted until 5pm on 4 November 2020.