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ARTICLE · 27 SEPTEMBER 2022

UK Energy Bill Relief Scheme

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A new U.K. government scheme will cut energy prices for non-domestic energy customers such as businesses, charities and public sector organisations, protecting them from rising...

United KingdomEnergy and Natural Resources

New U.K. energy bill relief scheme protects Great Britain businesses from rising energy costs:

  • Introduces six months of energy bill price support for non-domestic electricity and gas customers.
  • Applies automatically to fixed contracts agreed on or after 1 April 2022, as well as to deemed, variable and flexible tariffs and contracts.
  • Provides a discount on the wholesale element of non-domestic tariffs.
  • Sets a threshold for price support at £211 per MWh for electricity and £75 per MWh for gas.
  • Creates a maximum discount that will apply in some circumstances, which is expected to be set at £405/MWh for electricity and £115/MWh for gas.
  • Level of price reduction for each business will vary depending on their contract type and circumstances.

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