Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent steps his Department has taken to support small businesses with energy costs.
The Energy Bill Relief Scheme provides a discount on the wholesale element of gas and electricity bills to ensure that all eligible businesses, that receive their energy from licensed suppliers, are protected from high energy costs over the winter period.
This support is preventing insolvencies and protecting jobs and livelihoods. Following an HMT-led review, the new Energy Bill Discount Scheme, will run from April until March 2024, and continue to provide a discount to eligible businesses. The support offered through the EBRS and EBDS schemes is in addition to a package of support including recent fuel duty and VAT cuts, business rate holidays and government backed loans worth around £400 billion.