Energy Bill Relief Scheme
(asked on 6th January 2023) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of extending the Energy Bill Relief Scheme beyond 31 March 2023.
This question was answered on 17th January 2023
The HM Treasury review into the Energy Bill Relief Scheme has announced that a new energy scheme for businesses, charities, and the public sector will run from April 2023 until March 2024. The Energy Bill Discount Scheme strikes a balance between supporting businesses and limiting taxpayer’s exposure to volatile energy markets, with a cap set at £5.5 billion.