Energy: Industry

(asked on 18th November 2025) - View Source

Question to the Department for Business and Trade:

To ask His Majesty's Government whether they plan to bring forward the date of launching the British Industrial Competitiveness Scheme so that businesses facing problems with energy costs can benefit before 2027.


Answered by
 Portrait
Lord Stockwood
Minister of State (HM Treasury)
This question was answered on 1st December 2025

The Government recognises the importance of action to tackle high energy costs for businesses. The British Industrial Competitiveness Scheme (BICS) will exempt eligible businesses from indirect costs of the Renewables Obligation, Feed-in Tariffs and the Capacity Market. Implementation timelines for BICS are determined by the operating cycles of those three schemes. April 2027 is therefore the earliest that BICS can feasibly be delivered.

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