Energy Bills Discount Scheme FAQs

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    On Monday 9th January, the government announced the energy bill discount scheme as scaled-back energy support for non-domestic customers from April 2023 to March 2024.

    The new support scheme named the Energy Bill Discount Scheme will apply a discounted rate for a year under the following criteria:

    • Contracts agreed before 1st December 2021
    • Electricity wholesale costs that were agreed over 30.02p per kilowatt hour
    • Gas wholesale rates that were agreed over the 10.07p per kilowatt hour

    How does this discount affect your business energy bills?

    If eligible for the Energy Bills Discount Scheme, the government will discount your gas and electricity bills at unit prices. Eligible non-domestic customers will receive a per-unit discount on their energy bills during the 12 months 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.

    If eligible for the Energy Bills Discount Scheme, the government will discount your gas and electricity bill at unit prices. Eligible non-domestic customers will receive a per-unit discount on their energy bills during the 12 months 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 – Discounts of up to £19.61 per megawatt-hour (MWh) when the wholesale prices are above £302 per MWh
    • Gas – Discounts of up to £6.97 per MWh when the wholesale prices are above £107 per MWh If wholesale prices stay below the price threshold, the discount is not applied.
    • Gas – Discounts of up to £6.97 per MWh when the wholesale prices are above £107 per MWh If wholesale prices stay below the price threshold, the maximum discount amount is not applied.

    What if your business's gas and electricity rates are under the minimum threshold?

    If your current rates are below a certain minimum price threshold, you won’t qualify for a discount, similar to the Energy Bill Relief Scheme. The amount of discount you receive depends on how much higher your rates are compared to this threshold.

    This discount is only applied when the wholesale portion of your unit rate exceeds the government’s specified threshold rate. If your rate for a particular fuel reaches its maximum before the full discount can be applied, you may not receive the complete discount.

    For instance, if your unit rate’s wholesale portion is 31.2p per kWh, you’ll only receive a 1p discount, as your rate would have reached the government’s price threshold rate before the full 2p discount could be applied. However, if your unit rate’s wholesale portion is 32.2p per kWh or higher, you’ll receive the entire 2p discount.

    This discount is only applied when the wholesale portion of your unit rate exceeds the government contract’s wholesale price exceeds a specified threshold rate. If your rate for a particular fuel reaches its maximum before the full discount can be applied, you may not receive the complete discount.

    What is the difference between the Energy Bill Relief Scheme (EBRS) and the Energy Bills Discount Scheme (EBDS)?

    During a period of uncertainty in the energy market, the government placed in the EBRS to:

    • Support businesses and public sector organisations such as schools and hospitals by supplying
    a discount on wholesale gas and electricity prices

    • Eligible non-domestic customers facing significantly inflated gas and electricity prices considering global price pressures

    The EBDS is a continuation of EBRS placed in to protect businesses against severe energy price increases further and therefore, strikes a balance between supporting businesses over the next 12 months and limiting taxpayers’ exposure to volatile energy prices and markets, with total government support set at £5.5 billion.

    What is the energy price cap for businesses?

    There is no energy price cap for businesses. However, there’s some confusion between the government support schemes for household (domestic) and business non-domestic customers.

    The government has implemented two schemes to assist business owners with their energy bills: the Energy Bill Relief Scheme (EBRS) and the Energy Bills Discount Scheme (EBDS). Both offer discounted unit rates on eligible non-domestic energy contracts, but neither acts as a price cap.

    The government has implemented two schemes to assist business owners with their energy bills: the Energy Bill Relief Scheme (EBRS) and the Energy Bills Discount Scheme (EBDS). Both offer discounted unit rates on eligible non-domestic energy contracts, but neither acts as a full energy price guarantee or cap.

    What other help with energy bills is available?

    If the government’s scheme isn’t enough, there are other ways to lower your business energy bills. This might include accessing local grants or funding for small businesses, as well as improving your business’s energy efficiency to receive rewards in return for energy performance.

    Am I eligible for the Energy Bills Discount Scheme EBDS?

    Similarly, to the EBRS, anyone on a non-domestic energy contract that was agreed on or after 1st December 2021, also anyone on a variable energy contract, flexible rate, or out-of-contract rate will be eligible.

    Similarly, to the EBRS, anyone on a non-domestic energy contract that was agreed on or after 1st December 2021, also anyone on a variable energy contract, flexible energy and trade intensive, rate, or out-of-contract rate will be eligible.

    This includes businesses, voluntary organisations such as charities and public sector organisations such as hospitals, schools, and care homes.

    If you have any concerns about your existing contract, would like to understand EBDS in more detail or would like to talk to us about any other contracts that are ending before March 2024, please get in touch with our energy experts.

    When does government energy support end?

    The new Energy Bills Discount Scheme runs for a year, from April 1, 2023, to March 31, 2024, replacing the Energy Bill Relief Scheme that aided businesses and organisations from October 1, 2022, to March 31, 2023.

    The new Energy Bills Discount Scheme runs for a year, from April 1, 2023, to March 31, 2024, replacing the Energy Bill Relief Scheme that aided businesses and organisations from October 1, 2022, to March 31, 2023.

    How to prepare for the end of the Energy Bills Discount Scheme?

    The Energy Bills Discount Scheme will be ending on the 31st March 2024. We have seen energy prices slowly decline since the record highs we saw during 2022, although we don’t expect prices to return to pre-pandemic levels. If you were eligable for discounted rates as part of the EBDS, your business energy rates will rise from the 1st April 2024. If your business is in it’s renewal window, get in touch with our energy experts to compare business energy deals and secure a fixed tariff. Avoid expensive out of contract rates and secure your business energy rates now.

    Switch Business Energy Suppliers

    Businesses can currently switch business energy suppliers. We can help your business find competitive business energy rates from leading UK suppliers. Many business owners are securing new fixed-price contracts, to protect themselves against price fluctuations and maximize the discount currently on wholesale prices.

    Should you fix your business energy prices until 2025?

    In 2023, we’ve witnessed a consistent decline in wholesale gas and electricity prices following the record highs experienced earlier in the year.

    Our recommendation is if a better deal is available, it’s advisable to opt for a fixed energy tariff. Despite the decline in wholesale market prices, they remain significantly higher and are anticipated to rise in 2025.

    The persisting challenges in energy security contribute to the volatility of the wholesale energy market, where prices can fluctuate daily. the amount of money you pay, you can safeguard yourself or your business against potential future price hikes. Compare your business gas and electricity rates with Utility Bidder now.

    Our recommendation is if a better deal is available, it’s advisable to opt for a fixed energy tariff. Despite the decline in wholesale market energy prices now, they remain significantly higher and are anticipated to rise in 2025. The persisting challenges in energy security contribute to the volatility of energy volumes in the wholesale energy market, where prices can fluctuate daily. By fixing the amount of money you pay, you can safeguard yourself or your business against potential future price hikes. Compare your business gas prices and business electricity rates with Utility Bidder now.

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    Choose your business address

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    Select Utility
    Now please select a utility I want to get prices for...
    Gas
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    Water
    Go Back
    Next
    Please enter your business gas information
    How much do you spend & how often?

    An estimate is fine if you don't have a bill to hand

    Go Back
    Get Prices

    Let’s save time, can we automatically gather meter information?

    ? What does this mean?
    To get your quotes at lightening speed we need several key pieces of information which can all be found on your electricity bill. But by simply ticking this box, we can search ‘industry held data’ to get your meter number, electricity consumption and current energy supplier. This means that we can get you quick quotes without asking you to dig out all of your paperwork. This is personal data therefore we need you to allow us to access this information.
    Go Back

    Do you know your electric meter number?

    Does your meter number end in any of the following?

    Go Back
    Enter meter number
    I don’t know
    Please enter your business electricity information
    How much do you spend & how often?

    An estimate is fine if you don't have a bill to hand

    Start date for a new contract?
    Get Prices
    Please enter your water information
    How much do you spend & how often?

    An estimate is fine if you don't have a bill to hand

    Go Back
    Get Prices

      Enter your details below to get quotes We’ve helped over 90,000 businesses