Here, we explain what’s happening in the energy market, what that means for businesses and where you can find support.
Effective from 1 April 2023, this new government support scheme has been introduced to help businesses with the cost of their energy bills and has replaced the Energy Bill Relief Scheme (EBRS) following its closure on 31 March 2023.
Effective from 1 October 2022, the scheme applies an automatic discount to gas and electricity unit prices for the majority of non-domestic energy customers.
We recognise that it’s a difficult and uncertain time for so many businesses. If you’re worried about paying your business energy bill, visit our debt management page for more information on the ways we can help and the options available to you.
Customers on variable or deemed rates are advised to get a quote for a fixed term energy contract where possible. Click the link below to understand what it means to be out of contract and to view our latest price rates.
It’s more important than ever to understand exactly how much energy you’re using. A smart meter records your energy consumption and sends meter readings automatically. And, they’re quick and free to install.
Read the Citizens Advice guidance