Breaking: Government announces energy help for businesses
Announced today, the Energy Bill Relief Scheme will apply from October 1, and is designed to help businesses across the country.
The scheme will freeze gas and electricity prices for all firms for six months from 1 October.
Specifically, wholesale gas and energy prices will be fixed at £211 per MWh for electricity and £75 per MWh for gas for six months.
This plan will also apply for schools and hospitals.
“As we are doing for consumers, our new scheme will keep their energy bills down from October, providing certainty and peace of mind,” Liz Truss said, while announcing the plan.
“At the same time, we are boosting Britain’s homegrown energy supply so we fix the root cause of the issues we are facing and ensure greater energy security for us all.”
