Business: Energy

(asked on 22nd June 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking with Cabinet colleagues to support businesses with energy costs.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 29th June 2023

Businesses have already benefitted from the Energy Bill Relief Scheme which ended on 31 March and provided £7.4 billion of support.

Businesses will continue to get a discount on energy bills under the Energy Bills Discount Scheme, from 1 April 2023 until 31 March 2024. Eligible businesses who have a contract with a licensed energy supplier will see a unit discount of up to £6.97/MWh automatically applied to their gas bill and up to £19.61/MWh to their electricity bill. This will be subject to a wholesale price threshold of £107/MWh for gas and £302/MWh for electricity. A higher level of support will be provided to businesses in sectors identified as being the most energy and trade intensive – predominately manufacturing industries.

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