Troo welcomes the governments announcement of the Energy Bill Relief Scheme (EBRS)
Business owners have genuine concerns over the current energy market and the effect it is having on their ability to run and maintain their business.
The package of support provided by the government is designed to help businesses manage the impact of predicted wholesale energy price rises throughout this winter.
The scheme will run from 1st October 2022 – 31st March 2023 across Great Britain, and the government will provide a discount on usage over this period for qualifying business.
However, it is important to understand that the scheme will not be applicable to all businesses.
To qualify for the scheme and benefit from the support package, 2 criteria must be met.
- 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 - The scheme will be available to everyone on the following contracts and rates:
on existing fixed price contracts that were agreed on or after 1 April 2022
on deemed / out of contract or variable tariffs
on flexible purchase or similar contracts
What help does the scheme give?
The EBRS scheme applies to the wholesale element of your bill. The chart shows the
approximate portion this equates to for gas and electricity. It is this element that discount will be applied automatically by your supplier.
For customers on fixed priced contracts, the discount will be the difference between the Government supported prices for the wholesale costs (21.1p/kWh for electricity and 7.5p/kWh for gas) and the relevant wholesale price based on when the contract was agreed.
As this discount is on the wholesale rate element only, it does not mean the unit rate will be 21p/kWh.
All other elements of the bill will be applied as normal.
Want to know more?
Download our comprehensive factsheet on the scheme here:
https://www.troocost.com/get-started/
