The government has increased the windfall tax on oil and gas producers to 35%. During the Autumn Statement on the 17th of November, chancellor Jeremy Hunt announced that the Energy Profits Levy will be increased from 25% to 35% and extended to the end of March 2028. He also confirmed that a new, temporary 45% Electricity […]
During the recent Autumn Statement, new chancellor Jeremy Hunt outlined what support would be available to households and businesses struggling with rising energy bills after April 2023. Hunt announced that targeted support will remain in place for the most vulnerable, but that bills are expected to rise further next year. Speaking during the Budget, Hunt […]
With winter fast approaching and daylight hours beginning to shrink, now is the perfect time to look at ways to optimise the energy efficiency of your businesses. While some industries are more energy-intensive than others, government data shows that average small and medium-sized enterprises (SME) could reduce energy bills by 18-25% by installing energy efficiency measures and implementing behavioural […]
The government’s recently announced Energy Price Guarantee will only continue in its current form until April 2023. What is the Energy Price Guarantee? The support scheme was announced by the government in September to reduce the impact of the energy price cap rise and was due to be in place for two years. It was […]