Energy Intensive Industries: Energy Bills Discount Scheme
The question
To ask the Secretary of State for Energy Security and Net Zero, whether he plans to reintroduce an energy bills discount scheme for energy and trade intensive industries.
Answered by Miatta Fahnbulleh
The Government believes that our mission to deliver clean power by 2030 is the best way to break our dependence on global fossil fuel markets and protect billpayers permanently.
The creation of Great British Energy will help us to harness clean energy with less reliance on volatile international energy markets and help in our commitment to make Britain a clean energy superpower by 2030. We are working relentlessly in this Parliament on how we reduce wholesale energy costs, and we want to make sure this follows through onto domestic and non-domestic bills.
Financial relief to support energy intensive industries with electricity costs is worth £470 million per year through a mixture of spending and bill discounts.
Additionally, 300 energy intensive businesses across the UK will benefit from the British Industry Supercharger, which has targeted measures to ensure the energy costs for key UK industries are in line with other major economies around the world.
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