Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what estimate his Department has made of the average saving per business under current energy support packages.

Currently the Department for Business and Trade runs two energy support schemes. The British Industry Supercharger saves eligible businesses on average approximately £65 – £87/MWh on their electricity costs. The Energy Intensive Industries Compensation Scheme saves eligible businesses approximately £17/MWh on their electricity costs.

The British Industrial Competitiveness Scheme will save businesses up to £40/MWh when it comes into effect in April 2027, with an additional payment made in 2027 to cover the 2026/7 period.