The Energy Bill Relief Scheme was introduced in November. With energy bills and cost of living through the roof during what has been a particularly cold start to the winter, the Energy Bill Relief scheme is providing some much-needed support for struggling businesses.
Below we share everything you need to know about the scheme including what it is and who’s entitled to make a claim.
What is the Energy Bill Relief Scheme?
The Energy Bill Relief Scheme was introduced on 1 November 2022. It provides an automatic discount on energy usage between 1 October 2022 and 31 March 2023 for eligible non-domestic customers in Great Britain and Northern Ireland.
To calculate the discount you will receive, the estimated wholesale portion of the unit price you would be paying, will be compared to a baseline government supported price. Please head to the gov.uk website to find out what this is and how to calculate your discount.
Who is eligible for the Energy Bill Relief Scheme?
The scheme is available to anyone with a non-domestic contract. This includes:
- Businesses
- Voluntary organisations, such as charities
- Public sector organisations (for example, schools, hospitals and care homes)
You also need to be:
- On an existing fixed price contract that was agreed on or after 1 December 2021
- Signing new fixed price contracts
- On deemed/out of contract or standard variable tariffs
- On flexible purchase or similar contracts
- On variable ‘Day Ahead Index’ (DAI) tariffs (for the Northern Ireland scheme)
There are a number of exclusions. Please head to the gov.uk website to find out what these are.
If you would like to find out more about the scheme and other ways your business can save money this winter, please get in touch with PKB and we can help.
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