The government has announced plans to completely exempt heavy industries such as steel, glass and cement from green levies in a bid to curb the impact of spiralling electricity bills on such firms. Under the existing rules governing the Energy Intensive Industries Exemption Scheme, such heavy power users enjoy a discount of up to 85% on indirect costs of the Contracts for Difference, Renewables Obligation and Feed In Tariff subsidy schemes.
Heavy industry to receive total green levies exemption
