Here you will find information following the Governments announcements on energy

“Energycentric works with a lot of SME clients and we welcome this intervention from the UK Government. In these uncertain times it’s important to be with trusted partners who can guide you and support you through this crisis, our clients can be sure we will maximise any reductions to their energy bills from today’s announcements.”
-Paul Lomas, Director, Energycentric.

SIX MONTHS SUPPORT FOR:

ALL public sectors

 Charities

 Schools / colleges

Extended “focused” support for vulnerable sectors such as hospitality after 6 months.

NEED MORE HELP?

Up-to-date Government guidance can be found here:

LATEST NEWS UPDATE10/01/2023

The government has confirmed a new “Energy Bills Discount Scheme” for UK businesses, charities, and other public sector energy users from April 2023.

  • All eligible UK businesses and other non-domestic energy users will receive a discount on high energy bills until 31 March 2024.
  • From 1 April 2023 to 31 March 2024, all eligible non-domestic customers who have a contract with a licensed energy supplier will see a unit discount of up to £6.97/MWh automatically applied to their gas bill and a unit discount of up to
    £19.61/MWh applied to their electricity bill.
  • This news was confirmed on 9th January 2023 – ahead of the current scheme ending in March 2023. The new scheme aims to support businesses over the next 12 months and limit the taxpayer’s exposure to volatile energy markets, with a cap set at £5.5 billion.

ALL ELIGIBLE CUSTOMERS DO NOT NEED TO APPLY FOR THE DISCOUNT.

AS WITH THE CURRENT SCHEME,THIS WILL AUTOMATICALLY BE APPLIED.

14/10/2022

  • The Energy Bill Relief Scheme has now been backdated to include businesses that signed supply contracts last December (2021) before the invasion of Ukraine. Previously, the scheme for businesses only applied to businesses which signed a contract from 1st April 2022.
  • Businesses are still waiting for the support scheme to start as it requires legislation, in contrast to the household package that kicked in on October 1. The government has promised to push through “urgent legislation” this month (October 2022).

HELP FOR BUSINESSES

There will be a new six-month scheme for businesses, charities, schools and colleges (all public sector) which will provide equivalent support to that being offered to consumers.

Businesses will see their energy costs capped for the first time in the United Kingdom.

Prime Minister Liz Truss has announced a new six-month scheme for businesses and non-domestic energy users (including charities and public sector organisations like schools) that will provide an “equivalent guarantee” to British households in tackling the energy crisis. 

After the initial six-month scheme, the Government will be providing ongoing support to vulnerable industries. There will be a review in 3 months’ time to consider who needs additional support. Businesses will see their energy costs capped for the first time in the United Kingdom. 

The Government has also set out decisive action to tackle the root causes of the issues in the UK energy market through increased supply – ensuring the country is not left in the same position again.

Prime Minister Liz Truss said:
“Extraordinary challenges call for extraordinary measures, ensuring that the United Kingdom is never in this situation again.”

After the passing of Her Majesty, Queen Elizabeth II on Thursday, all Government business is on hold and no further information on the six-month scheme has been provided. We are hoping to get more information for businesses in the weeks following the funeral on Monday 19th September. Once we have more information, we will pass this on to our clients.

HELP FOR TENANTS

Fund extended to heat networks

The Government recognises that millions of households across the UK are struggling to make their incomes stretch to cover the rising cost of living. That is why the government is providing over £15 billion in further support, targeted particularly on those with the greatest need.

This means that almost all of the 8 million most vulnerable households will get £1,200 of one-off support in total this year to help with the cost of living, with all domestic electricity customers receiving at least £400. Those households who do not pay directly for mains gas and electricity – such as those living on heat networks – will also be eligible for support. This support will extend to eligible heat network consumers.

Fund for rural supplies
Those households who do not pay direct for mains gas and electricity – such as those living in park homes or on heat networks – will be no worse off and receive support through a new fund.

ENERGY BILL RELIEF Q&A

A. The discount is automatically applied. You do not need to apply. If you have received your October invoice without a discount and believe you are eligible, don’t worry we are finalising the details of this scheme and we’ll apply the discount to all eligible bills retrospectively to make sure you’re not missing out. Please continue to pay your bills as normal. 

Please stay alert. If you receive a suspicious email or SMS about the energy scheme, please ignore it and report it. We won’t be asking you for any bank details. Be aware of scams.

A. The Energy Bill Relief Scheme will be subject to parliamentary approval over the coming weeks. All eligible customers will receive their discounts and any rebates due once these changes have been confirmed and implemented. 

We’ll be in touch with you to let you know what this scheme means for your business. If you have any queries in the meantime, please contact your dedicated account manager or email us at info@energycentric.co.uk 

A. Rising energy costs are concerning and we are here to support your business. Call us on 01708 765 55 and we will provide advice and options on ways to reduce your business energy bills over the coming years.

We understand you have lots of questions regarding the scheme and what it means for your business. We don’t have all the details yet, but please contact us if you need support.

 

A. Businesses energy costs will be capped from October 1st 2022. The cap will come into place for an initial six months, beginning October 1st this year and ending on March 31st 2023.

The government will provide a discount on wholesale gas and electricity prices for all non-domestic customers including Schools, community centres, hospitals and third sector organisations such as charities.

The level of price reduction for each business will vary depending on their contract type and circumstances.

A. If you agreed your fixed price contract / tariff on or after April 1st 2022 you will get support if the calculated wholesale element of the price you are paying is above the government supported price.

A. Variable tariffs will get a per-unit discount on energy costs, up to a maximum of the difference between the supported price and the average expected wholesale price over the six months the scheme is in place.

The amount of this Maximum Discount is likely to be around £405/MWh for electricity and £115/MWh for gas.

A. It will apply automatically, so there’s no need to contact suppliers. Customers do not need to take action or apply to the scheme to access the support. Support (in the form of a p/kWh discount) will automatically be applied to bills.

A. Six months. It will apply to energy usage from October 1st 2022 to March 31st 2023.

The savings will be first seen in October bills, which are typically received in November.

Some businesses will be eligible for a review after this period, further details will be released in the coming weeks.

A. If you are not connected to either the gas or electricity grid, equivalent support will also be provided for non-domestic consumers who use heating oil or alternative fuels instead of gas. Further detail on this will be announced soon.

A. If wholesale prices rise above the combined government supported price and maximum discount then your prices will increase. If you require budget certainty then you may wish to secure a fixed contract.

LATEST NEWS UPDATE 14/10/2022

LATEST NEWS UPDATE10/01/2023

LATEST NEWS UPDATE10/01/2023

LATEST NEWS UPDATE10/01/2023

The government has confirmed a new “Energy Bills Discount Scheme” for UK businesses, charities, and other public sector energy users from April 2023.

  • All eligible UK businesses and other non-domestic energy users will receive a discount on high energy bills until 31 March 2024.
  • From 1 April 2023 to 31 March 2024, all eligible non-domestic customers who have a contract with a licensed energy supplier will see a unit discount of up to £6.97/MWh automatically applied to their gas bill and a unit discount of up to
    £19.61/MWh applied to their electricity bill.
  • This news was confirmed on 9th January 2023 – ahead of the current scheme ending in March 2023. The new scheme aims to support businesses over the next 12 months and limit the taxpayer’s exposure to volatile energy markets, with a cap set at £5.5 billion.

ALL ELIGIBLE CUSTOMERS DO NOT NEED TO APPLY FOR THE DISCOUNT.

AS WITH THE CURRENT SCHEME,THIS WILL AUTOMATICALLY BE APPLIED.

  • The Energy Bill Relief Scheme has now been backdated to include businesses that signed supply contracts last December (2021) before the invasion of Ukraine. Previously, the scheme for businesses only applied to businesses which signed a contract from 1st April 2022.
  • Businesses are still waiting for the support scheme to start as it requires legislation, in contrast to the household package that kicked in on October 1. The government has promised to push through “urgent legislation” this month (October 2022).

SIX MONTHS SUPPORT FOR:

ALL public sectors

 Charities

 Schools / colleges

Extended “focused” support for vulnerable sectors such as hospitality after 6 months.

“Energycentric works with a lot of SME clients and we welcome this intervention from the UK Government. In these uncertain times it’s important to be with trusted partners who can guide you and support you through this crisis, our clients can be sure we will maximise any reductions to their energy bills from today’s announcements.”
-Paul Lomas, Director, Energycentric.

HELP FOR BUSINESSES

There will be a new six-month scheme for businesses, charities, schools and colleges (all public sector) which will provide equivalent support to that being offered to consumers.

Businesses will see their energy costs capped for the first time in the United Kingdom.

Prime Minister Liz Truss has announced a new six-month scheme for businesses and non-domestic energy users (including charities and public sector organisations like schools) that will provide an “equivalent guarantee” to British households in tackling the energy crisis. 

After the initial six-month scheme, the Government will be providing ongoing support to vulnerable industries. There will be a review in 3 months’ time to consider who needs additional support. Businesses will see their energy costs capped for the first time in the United Kingdom. 

The Government has also set out decisive action to tackle the root causes of the issues in the UK energy market through increased supply – ensuring the country is not left in the same position again.

Prime Minister Liz Truss said:
“Extraordinary challenges call for extraordinary measures, ensuring that the United Kingdom is never in this situation again.”

After the passing of Her Majesty, Queen Elizabeth II on Thursday, all Government business is on hold and no further information on the six-month scheme has been provided. We are hoping to get more information for businesses in the weeks following the funeral on Monday 19th September. Once we have more information, we will pass this on to our clients.

HELP FOR TENANTS

Fund extended to heat networks

The Government recognises that millions of households across the UK are struggling to make their incomes stretch to cover the rising cost of living. That is why the government is providing over £15 billion in further support, targeted particularly on those with the greatest need.

This means that almost all of the 8 million most vulnerable households will get £1,200 of one-off support in total this year to help with the cost of living, with all domestic electricity customers receiving at least £400. Those households who do not pay directly for mains gas and electricity – such as those living on heat networks – will also be eligible for support. This support will extend to eligible heat network consumers.

Fund for rural supplies
Those households who do not pay direct for mains gas and electricity – such as those living in park homes or on heat networks – will be no worse off and receive support through a new fund.

ENERGY BILL RELIEF Q&A

A. The discount is automatically applied. You do not need to apply. If you have received your October invoice without a discount and believe you are eligible, don’t worry we are finalising the details of this scheme and we’ll apply the discount to all eligible bills retrospectively to make sure you’re not missing out. Please continue to pay your bills as normal. 

Please stay alert. If you receive a suspicious email or SMS about the energy scheme, please ignore it and report it. We won’t be asking you for any bank details. Be aware of scams.

A. The Energy Bill Relief Scheme will be subject to parliamentary approval over the coming weeks. All eligible customers will receive their discounts and any rebates due once these changes have been confirmed and implemented. 

We’ll be in touch with you to let you know what this scheme means for your business. If you have any queries in the meantime, please contact your dedicated account manager or email us at info@energycentric.co.uk 

A. Rising energy costs are concerning and we are here to support your business. Call us on 01708 765 55 and we will provide advice and options on ways to reduce your business energy bills over the coming years.

We understand you have lots of questions regarding the scheme and what it means for your business. We don’t have all the details yet, but please contact us if you need support.

 

A. Businesses energy costs will be capped from October 1st 2022. The cap will come into place for an initial six months, beginning October 1st this year and ending on March 31st 2023.

The government will provide a discount on wholesale gas and electricity prices for all non-domestic customers including Schools, community centres, hospitals and third sector organisations such as charities.

The level of price reduction for each business will vary depending on their contract type and circumstances.

A. If you agreed your fixed price contract / tariff on or after April 1st 2022 you will get support if the calculated wholesale element of the price you are paying is above the government supported price.

A. Variable tariffs will get a per-unit discount on energy costs, up to a maximum of the difference between the supported price and the average expected wholesale price over the six months the scheme is in place.

The amount of this Maximum Discount is likely to be around £405/MWh for electricity and £115/MWh for gas.

A. It will apply automatically, so there’s no need to contact suppliers. Customers do not need to take action or apply to the scheme to access the support. Support (in the form of a p/kWh discount) will automatically be applied to bills.

A. Six months. It will apply to energy usage from October 1st 2022 to March 31st 2023.

The savings will be first seen in October bills, which are typically received in November.

Some businesses will be eligible for a review after this period, further details will be released in the coming weeks.

A. If you are not connected to either the gas or electricity grid, equivalent support will also be provided for non-domestic consumers who use heating oil or alternative fuels instead of gas. Further detail on this will be announced soon.

A. If wholesale prices rise above the combined government supported price and maximum discount then your prices will increase. If you require budget certainty then you may wish to secure a fixed contract.

NEED MORE HELP?

Up-to-date Government guidance can be found here: