New Government scheme to cut energy prices for businesses
Updated: Oct 5, 2022
The new Energy Bill Relief Scheme will cut energy prices for businesses, charities and public-sector organisations such as schools and hospitals. The scheme will run for six months covering energy used from 1 October 2022 to 31 March 2023. The level of price reduction for each business will vary depending on their contract type and circumstances.
If you’re on a fixed price contract agreed after 1 April 2022 a price cut will automatically be applied to your bill.
The savings will first be seen in the October bill, which will typically be received in November.
There'll be a review in three months into how Government continue assisting vulnerable customers with their energy costs.
If you’re on a default or variable tariff your prices will also be automatically cut but you may be able to save more by moving to a new fixed price contract for the duration of the scheme.
Beware of scams. You don’t need to apply for the scheme.
Find out more here
Read our dedicated Energy Efficiency page to here and find out more about:
Finance and Grants.