Question
To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the cost of the Electricity Intensive Industries - Relief from the Cost of Renewables scheme.
The Government estimates that relief from the costs of the Renewables Obligation and Small Scale Feed in Tariffs scheme will be £1.2bn between 2016/17 and 2019/2020. However the exact cost will depend on the number of companies that apply for the relief; their electricity usage and levels of production.
While the Government has sector electricity data we have limited business level data from a small number of sectors. We do not therefore have an assessment of the number of sectors that pass the sector level test but fail the business level test.