Amidst growing reports from the energy efficiency supply
chain of delayed payments for work carried out under the ECO, which are causing
major cash flow issues, the NIA is calling on Vince Cable and Ed Davey to
intervene and arrange an urgent high level summit, involving energy companies,
the energy efficiency industry and Ofgem to address the matter.
Neil Marshall the CEO of the NIA said: “There appear to
be some fundamental issues with the ECO measures approval and payment processes
which are resulting in major delays in payments to installers for works they
have undertaken. It is essential that the Government now intervenes and
works with the energy companies, energy efficiency industry and Ofgem to
address these issues.”
He went on to say: “A new construction supply chain
payment charter was introduced earlier in the year and consideration now needs
to be given to introducing this or something similar to the ECO.”
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