{"id":19734,"date":"2022-09-22T14:45:20","date_gmt":"2022-09-22T14:45:20","guid":{"rendered":"https:\/\/www.moorethompson.co.uk\/blogs\/?p=19734"},"modified":"2022-09-22T14:46:26","modified_gmt":"2022-09-22T14:46:26","slug":"what-do-you-need-to-know-about-the-energy-bill-relief-scheme","status":"publish","type":"post","link":"https:\/\/www.moorethompson.co.uk\/blogs\/what-do-you-need-to-know-about-the-energy-bill-relief-scheme\/","title":{"rendered":"What do you need to know about the Energy Bill Relief Scheme?"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

The Government has outlined a new Energy Bill Relief Scheme to support households, businesses and public sector organisations tackling soaring energy bills.<\/p>\n\n\n\n\n\n\n\n

The figure is set to be capped at less than half the wholesale costs on previously predicted bills, offering a reduction on gas and electricity prices for all non-domestic customers.<\/p>\n\n\n\n

This support will be equivalent to the Energy Price Guarantee introduced for domestic households.<\/p>\n\n\n\n

What savings will be made?<\/strong><\/p>\n\n\n\n

The Supported Wholesale Price is likely to be \u00a3211 per MWh for electricity and \u00a375 per MWh for gas, lower than half the wholesale prices predicted this winter.<\/p>\n\n\n\n

Relief will be applied to fixed contracts, as well as changing and flexible tariffs and contracts, agreed on or later than 1 April 2022.<\/p>\n\n\n\n

The scheme, which is based on usage, will operate for a preliminary six-month period for all non-domestic energy customers from 1 October 2022 to 31 March 2023.<\/p>\n\n\n\n

Consumers will see the first amount of savings in October bills that are typically issued by suppliers in November.<\/p>\n\n\n\n

What do customers need to do?<\/strong><\/p>\n\n\n\n

The relief will be automatically applied to bills, meaning that customers do not need to take any action themselves.<\/p>\n\n\n\n

The amount each business will save depends on their contract type and circumstances. You can find out the different levels of support here<\/a>.<\/p>\n\n\n\n

Non-domestic customers, who use heating oil or alternative fuels, will obtain equivalent support. Further information on this will be revealed in due course.<\/p>\n\n\n\n

The scheme will be evaluated in three months, with the Government set to publish a report to guide decisions on future support after March 2023, focussing on detecting non-domestic customers who are most at need.<\/p>\n\n\n\n

For help and advice on related matters, contact our team today.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

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