Earnz PLC (AIM:EARN) shares climbed 22% to 4.7p after the company said the UK Chancellor’s decision to end the Energy Company Obligation scheme will have no impact on its operations or outlook.
The programme had already been due to finish in March 2026, and EARNZ said revenue linked to it accounts for less than 1% of annual turnover.
The group, which provides energy efficiency and decarbonisation services, stressed that its current activities and long-term growth strategy do not rely on ECO funding.
Chief executive Peter Smith said the company is watching policy developments closely and expects more direction when the Government publishes its Warm Homes Plan.
He added that EARNZ will continue working with policymakers to support improvements in housing stock and community energy efficiency.
The company said its broader strategy remains unchanged.