Latest Business Support news from East Riding of Yorkshire Council - 4/4/23
Eligibility for Energy Bills Discount Scheme
As previously announced from 1 April 2023 the government will continue to provide a discount on gas and electricity unit prices for businesses, charities, and public sector organisations. Eligible non-domestic consumers will now receive a per-unit discount to their energy bills during the 12-month period from April 2023 to March 2024, subject to a maximum discount. The relative discount will be applied if wholesale prices are above a certain price threshold. For most non-domestic energy users in Great Britain and Northern Ireland these maximum discounts have been set at:
£19.61 per megawatt hour (MWh) for electricity, with a price threshold of £302 per MWh
£6.97 per MWh for gas, with a price threshold of £107 per MWh.
The discount is calculated as the difference between the wholesale price associated with an energy contract and the price threshold. The discount is phased in when the contract’s wholesale price exceeds the floor price, until the total discount per MWh reaches the maximum discount for that fuel.
Please note: you do not need to apply for the scheme. The discount will automatically be applied to your bill.
Energy Bills Discount Scheme - GOV.UK (www.gov.uk)