This scheme will continue to help non-domestic energy users in Hertford and Stortford with their energy bills. It will run from April 2023, replacing the Energy Bill Relief Scheme, until March 2024.
Local businesses, charities and public sector organisations like schools, hospitals and care homes are all eligible for this help.
This will be calculated by estimating the wholesale portion of the unit price you would pay otherwise, compared to the Government’s new ‘supported price’.
From April 2023, the following support will be available...
Eligible non-domestic consumers will now receive a per-unit discount on their energy bills during the 12-month period from April 2023 to March 2024, subject to a maximum discount. The relative discount will be applied if wholesale prices exceed a certain price threshold. For most non-domestic energy users in Great Britain and Northern Ireland these maximum discounts have been set at:
- Electricity - £19.61 per megawatt-hour (MWh) with a price threshold of £302 per MWh.
- Gas - £6.97 per MWh with a price threshold of £107 per MWh.
For energy-intensive industries, this sector will receive a higher level of support subject to a maximum discount. This discount will only apply to 70% of energy volumes.
- Electricity - £89 per MWh with a price threshold of £185 per MWh.
- Gas - £40 per MWh with a price threshold of £99 per MWh.
More information on the Energy Bill Discount Scheme can be found here.