Energy Bill Relief Scheme
On 1st October the Department for Business, Energy & Industrial Strategy (BEIS) issued an update on the support package under the Energy Bill Relief Scheme for non-domestic energy users that will apply to energy usage for the period from 1st October 2022 to 31st March 2023.
The support, which will apply to all fixed contracts agreed on after 1st April 2022 as well as deemed, variable and flexible tariffs, will be levied against the wholesale energy element of the invoice only, with a floor rate now confirmed by BEIS to be 21.1p/kWh for electricity and 7.5p/kWh for gas. This will not be the final price paid by customers, as other costs such as network charges and operating costs will be charged on top to maintain competition between suppliers.
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