Energy Bills Discount Scheme Update
Non-domestic energy users operating primarily in sectors that have been identified as the most energy and trade intensive sectors may be applicable to receive a higher level of financial support via the Energy Bills Discount Scheme.
Unlike the standard scheme that is automatically applied to your bill, eligible organisations will need to take physical action to receive this support and with the application window opening today, here is what qualifying businesses need to do…
Who is Eligible for ETII support
To receive the additional support, you must have a non-domestic agreement with a fully licensed energy supplier and be:
- In an existing fixed price contract that was agreed on or after the 1st December 2021
- In a position to sign new fixed price contracts
- On deemed/out of contract or variable tariffs
- On flexible purchase (or similar) contracts
- Be on variable ‘Day Ahead Index’ (DAI) tariffs (Northern Ireland scheme only)
Upon application you will be required to prove that at least 50% of your businesses revenue is being generated from UK-based activity within eligible SIC code sectors. You can check SIC codes here.
About The Energy Bills Discount Scheme
The Energy and Trade Intensive Industries (ETII) discount will provide a higher level of support to businesses and organisations in eligible sectors – The Department for Business, Energy & Industrial Strategy (BEIS) has now confirmed that the portal for Energy & Trade Intensive Industries (ETII) to apply for this additional support will open today (Wednesday 26th April)
Get Ready To Register For Support
Qualifying organisations will have ninety days from today (26th April 2023) to apply for the higher level of support.
New businesses or organisations, or newly eligible companies will have 90 days to apply from the date at which they become eligible.
The information required to apply includes:
- Contact details
- Registered name and address
- Company registration number (if you have one)
- Up to 4 ETII eligible SIC codes
- Whether you pay bills directly to an energy supplier and details of any intermediaries involved (such as a landlord)
- The names of gas and/or electricity suppliers
- The gas or electricity meter point numbers (MPRN or MPAN) associated with the property, found on your bill from your energy supplier
- The name of your organisation as it appears on your bill from your energy supplier(s)
- A declaration letter signed by a named director or equivalent of your organisation or business (a template will be provided)
A template has been provided to record your meter point numbers. This can also be used when applying if you have more than 10 meter point numbers per supplier.
What To Do Now…
The application window for the higher level of support for the Energy Bills Discount Scheme opens today and you have ninety days to submit for the additional support, so no time to waste.
Taking the uncertainty surrounding the energy market along with other rising costs of running a business, our recommendation is for every qualifying business to submit their application as soon as physically possible.
A list of eligible sectors is available to view here.
How Enexus Can Help
With so many updates, regulations and media coverage, we understand that trying to digest every single piece of information regarding business energy schemes can be a daunting and confusing task – Our team of expert energy consultants are here, on hand to answer any of your questions and are happy to advise and guide you through the next steps.
