The government has a new support scheme that will see energy prices for non-domestic energy cut, to support growth, to help prevent unnecessary insolvencies and to protect jobs.
Through the Energy Bill Relief Scheme, the government will provide a discount on wholesale gas and electricity prices for all non-domestic customers. This support will be equivalent to the Energy Price Guarantee put in place for households.
Key facts:
- available to all UK businesses, the voluntary sector, including charities and the public sector whose current gas and electricity prices have been significantly increased in light of global energy prices
- it will apply to fixed contracts agreed on or after 1 April 2022, as well as to deemed, variable and flexible tariffs and contracts
- it will apply to energy usage from 1 October 2022 to 31 March 2023, running for an initial six -month period for all non-domestic energy users.
Business customers do not need to act or apply to the scheme to access the support. This support will automatically be applied to energy bills. The savings will be first seen in October bills from their energy supplier, which are typically received in November.
More information about the Energy Relief Scheme is available on GOV.UK.
