Ofgem is rejecting a growing number of ECO submissions
The ECO figures for August 2013 were released by Ofgem in mid October, showing that in August Ofgem rejected 53% of the measures submitted. This is an increase of 9% over the previous month when Ofgem rejected 44%. In fact in August, measures rejected grew 3½ times more than measures submitted.
These rejections will cause delays that will have an inevitable impact on cashflow which, for any organisation involved with ECO, can be significant.