The Government has outlined a new Energy Bill Relief Scheme to support households, businesses and public sector organisations tackling soaring energy bills.<\/p>\n
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The figure is set to be capped at less than half the wholesale costs on previously predicted bills, offering a reduction on gas and electricity prices for all non-domestic customers.<\/p>\n
This support will be equivalent to the Energy Price Guarantee introduced for domestic households.<\/p>\n
What savings will be made?<\/strong><\/p>\n The Supported Wholesale Price is likely to be \u00a3211 per\u00a0MWh\u00a0for electricity and \u00a375 per\u00a0MWh\u00a0for gas, lower than half the wholesale prices predicted this winter.<\/p>\n Relief will be applied to fixed contracts, as well as changing and flexible tariffs and contracts, agreed on or later than 1 April 2022.<\/p>\n The scheme, which is based on usage, will operate for a preliminary six-month period for all non-domestic energy customers from 1 October 2022 to 31 March 2023.<\/p>\n Consumers will see the first amount of savings in October bills that are typically issued by suppliers in November.<\/p>\n What do customers need to do?<\/strong><\/p>\n The relief will be automatically applied to bills, meaning that customers do not need to take any action themselves.<\/p>\n