Small Businesses: Energy

(asked on 19th June 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what fiscal steps he is taking to support small and medium-sized businesses in Meriden constituency with energy prices.


Answered by
Gareth Davies Portrait
Gareth Davies
Exchequer Secretary (HM Treasury)
This question was answered on 26th June 2023

The Government remains committed to supporting the whole business sector including small and medium sized businesses. The Energy Bills Discount Scheme (EBDS) provides all eligible businesses and other non-domestic energy users with a discount on high energy bills for 12 months from 1 April 2023 until 31 March 2024. It also provides businesses in sectors with particularly high levels of energy use and trade intensity with a higher level of support.

This follows the unprecedented package of support for non-domestic users last winter provided through the Energy Bill Relief Scheme. The Government has been clear that such levels of support, unprecedented in its nature and huge scale, were time-limited and intended as a bridge to allow businesses to adapt.

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