Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to take steps to extend the Energy Bill Relief scheme to businesses in the food and drink supply chain, including manufacturers and hospitality venues, after March 2023.
Following the HM Treasury review of the Energy Bill Relief Scheme, a new energy support scheme for businesses, including within the hospitality sector, will run from April 2023 until March 2024. Eligible non-domestic customers that have a contract with a licensed energy supplier and are exposed to high prices will see a discount applied to their gas and electricity bill. A substantially higher level of support will be provided to businesses in sectors identified as being the most energy and trade intensive. The Energy Bill Discount Scheme strikes a balance between supporting businesses and limiting taxpayer’s exposure to volatile energy markets, with a cap set at £5.5 billion.