Energy Bill Relief Scheme launched

Source: Department for Business, Energy & Industrial Strategy | | 22/09/2022

The Business Secretary Jacob Rees-Mogg has announced the launch of the new Energy Bill Relief Scheme to help cut energy bills in the non-domestic sector. The new scheme will cover all non-domestic energy customers, including UK businesses, the voluntary sector, for example charities and the public sector such as schools and hospitals.

This new support measure will apply to fixed contracts agreed on or after 1 April 2022, and to deemed, variable, flexible tariffs and contracts. It will apply to energy usage from 1 October 2022 to 31 March 2023 and will be automatically applied to qualifying businesses fuel costs. The level of price reduction for each business will vary depending on their contract type and circumstances.

The discount on energy costs for the non-domestic sector is broadly equivalent to the Energy Price Guarantee for households that was announced earlier this month. This Energy Price Guarantee will see the average household have their energy bills capped at £2,500 a year.

Whilst the support for households has been put in place for two years, the Energy Bill Relief Scheme for non-domestic energy users will apply for six months. However, the government has said that further support to those deemed eligible will be available after the end of the initial six-month support period.

Commenting on the launch of the scheme, the Prime Minister Liz Truss said:

I understand the huge pressure businesses, charities and public sector organisations are facing with their energy bills, which is why we are taking immediate action to support them over the winter and protect jobs and livelihoods.

As we are doing for consumers, our new scheme will keep their energy bills down from October, providing certainty and peace of mind.’



 

Latest News

Changing a will after death
29/09/2022 - More...
In certain circumstances, a will can be changed after death. This can be done by using what is known as a Deed of Variation. Any changes to the will must be done within two years

Minimum wage for different types of work
29/09/2022 - More...
Employers must ensure they are paying staff at least the National Minimum Wage (NMW) or National Living Wage (NLW). The NMW and the NLW are the minimum legal amounts that employers

Tax relief for job expenses
29/09/2022 - More...
Employees who are working from home may be able to claim tax relief for bills they pay that are related to their work. Employers may reimburse employees for the additional

Search


Newsletter

With our newsletter, you automatically receive our latest news by e-mail and get access to the archive including advanced search options!

» Sign up for the Newsletter
» Login