Insights
Read all the latest insights, news and stories from the WR Partners world.
Some relief for business owners as new Energy Bills Discount Scheme is announced for business
From 1 April 2023, eligible non-domestic customers 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 a unit discount up to £19.61/MWh applied to their electricity bill. Businesses benefiting from lower energy prices (i.e., businesses with unit prices of less than £107/MWh for gas and £302/MWh for electricity) will not receive this support.
Business Energy Support Scheme
The government has announced further details of its energy support scheme for businesses and other non-domestic organisations such as schools and charities. The support will run from 1 October 2022 to 31 March 2023 and will be automatically applied to bills.
A price cap freeze is expected to help businesses’ energy costs
On Thursday 8th September, just prior to the breaking news from Buckingham Palace, it was announced that help is on the way for businesses in respect of an expected price cap freeze.