The government will provide energy bill relief for businesses throughout the UK. Discounts will be applied to energy usage initially between 1st October 2022 to 31st March 2023.
Are you Eligible?
The scheme will be available to everyone on a non-domestic contract including:
-businesses
-voluntary sector organisations, such as charities
-public sector organisations such as schools, hospitals and care homes
who are:
-on existing fixed price contracts that were agreed on or after 1st December 2021
-signing new fixed price contracts
-on deemed / out of contract or variable tariffs
-on flexible purchase or similar contracts
How does it work?
Suppliers will be compensated from the government for the reduction in wholesale gas and electricity unit prices that they are passing onto business customers. The discount will be applied to usage from 1st October 2022 and will be deducted off the bill in pence per kilowatt hour (p/kWh) from the unit rate. For fixed contracts the discount will reflect the government published discounts each day from 1st December 2021, based on the date the contract was agreed. For out of contract the discount will reflect the Government’s variable contract discount, which is fixed for the discount period.
All discounts have a maximum limit and will stop at the Governments set minimum price.
The link to the published discount prices can be found below:
Energy Bill Relief Scheme: discounts for fixed, default and variable contracts – GOV.UK (www.gov.uk)
Dyce Energy has updated its systems and is ready to offer discounts to qualifying customers in November 2022 and throughout the discount period
For the full break down on how the Energy Bill Relief Scheme will affect you and your business please see below:
