Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department has taken to prepare for the potential impact of trends in the level of energy bills on commercial enterprises in winter 2023-24.
A new Energy Bill Discount Scheme has been announced from April 2023 meaning that all eligible businesses, charities and the public sector will receive a discount on high energy bills until 31 March 2024. The scheme will provide a discount on high energy costs to give businesses certainty while limiting taxpayers’ exposure to volatile energy markets through the use of a wholesale price threshold and maximum discount.