The exchequer secretary to the Treasury James Cartlidge confirmed yesterday that financial support offered to businesses to help with their energy bills is being reduced.
The Energy Bill Relief Scheme (EBRS), which comes to an end on 31 March 2023, currently provides a discount on wholesale gas and electricity prices for all non-domestic consumers. This includes public sector organisations, voluntary sector organisations like charities, and businesses. It came into effect on 1 October 2022.
It is being replaced by a new scheme, the Energy Bills Discount Scheme (EBDS), to provide support at a less generous level. Coming into effect from 1 April, it will provide £5.5bn of transitional support for businesses over 12 months to 31 March 2024.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here
