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Hunt unveils slimmed down business support scheme

Hunt unveils slimmed down business support scheme

The chancellor has announced that energy bills support for all businesses will be cut from March onward although heavy power users will receive a top up. The new package will see £5.5 billion spent on support for non-domestic customers over the next year, down from the £18 billion committed through the current Energy Bills Relief Scheme.

2 years ago

Ofgem targets further RO funds from failed suppliers  

2 years ago

Reduced gas consumption saved government £260m in December

2 years ago

Weekend press round-up: Energy bill support for firms to be cut

In our latest review of sector coverage in the national media, there are multiple reports that the government will announce reduced support for business energy bills today, as trade bodies warn of the strain their members are under. Meanwhile, an influential Conservative committee has called for communities living near new onshore wind and solar farms to be given 100% discounts on their energy bills and there are warnings that England faces further droughts this summer.

2 years ago

Banning PPM switches would be a ‘problematic’ solution

2 years ago

Ofgem’s director of gas crisis departs

2 years ago

Ofgem redistributes just 0.7% of RO funds from failed retailers   

2 years ago

‘National war effort’ needed on energy efficiency

2 years ago

Hunt: Business energy bills support is ‘unsustainably expensive’

2 years ago

Ofgem’s discretionary approach to ringfencing is ‘worrying’

2 years ago

Price cap forecasts fall below EPG

2 years ago

Festive press round-up: Nuclear plants face shutdown over tax on windfalls

Our review of national media coverage of the sector over Christmas and New Year covers reaction to the windfall tax on electricity generators, including a potential legal challenge. There was also speculation as to the amount of customer credit balances being kept by retailers, concern over sewage spills and analysis of falling gas prices.

2 years ago

Octopus CEO: Sector facing an epoch-defining moment

2 years ago

Innovation in challenging times – how today’s utilities are modernising

2 years ago

Utility Week Top Stories of 2022

2 years ago

Ofgem gives final go-ahead to fixed balancing charges

2 years ago

What will 2023 bring for the contentious utilities industry?

2 years ago

Staying optimistic through the decarbonisation transition

2 years ago

Lewis: ‘Free bet’ on retail market has to end

2 years ago

Support scheme delay leaves businesses in Xmas ‘limbo’

2 years ago

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