REG - Earnz PLC - No Impact from the Autumn Budget

EarnzAnnouncement

27/11/2025 07:00

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RNS Number : 1803J  Earnz PLC  27 November 2025

RNS

27 November 2025

 

EARNZ plc
("EARNZ", the "Company" or the "Group")

No Impact from the Autumn Budget

EARNZ (AIM:EARN), the energy services company whose objective is to capitalise
on the drive for global decarbonisation, notes the UK Chancellor's Autumn
Budget presented to Parliament on 26 November 2025.

 

The Company acknowledges the announcement within the Chancellors Budget
regarding the termination of the Energy Company Obligation (ECO) scheme. EARNZ
notes that the ECO scheme was originally scheduled to conclude in March 2026.

 

The EARNZ Group's current business activities and future growth strategy are
not reliant on this programme, with ECO scheme revenue representing less than
1% of annual turnover. As a result, the decision to end the scheme is not
expected to have an impact on the Company's activities or outlook.

 

Peter Smith, Chief Executive Officer for EARNZ said: "EARNZ continues to
monitor developments closely and looks forward to the publication of the
Government's anticipated Warm Homes Plan, which is expected to provide further
clarity on future energy efficiency initiatives. The Company will continue to
engage with Government and remains committed to working collaboratively to
provide services that deliver better housing stock and homes for the
communities in which we operate."

 

 Enquiries:

EARNZ plc
 Peter Smith / Elizabeth Lake                         +44 (0) 7736 77 7790

                            +44 (0) 7901 514268

 Zeus Capital Limited - Nominated Adviser and Broker
 Antonio Bossi / Dominic King/Andrew de Andrade       +44 (0) 203 829 5000
 Camarco - Financial  PR
 Ginny Pulbrook/Rachel Scott                          +44 (0) 7961 315138

                            EARNZ@camarco.co.uk (mailto:EARNZ@camarco.co.uk)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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