Industry: Electricity
The question
To ask the Secretary of State for Business and Trade, what steps his Department is taking to help reduce industrial electricity prices.
Answered by Sarah Jones
Government is well aware of the issue of high industrial energy costs, and the challenges that poses for Energy Intensive Industries (EII). That is why we continue to offer support to electro-intensives through the EII compensation scheme and the Supercharger.
We will also soon be consulting on an uplift of the Network Charges Compensation scheme.
The recent Industrial Strategy also committed to consulting on the establishment of a new support scheme, British Industrial Competitiveness Scheme (BICS) which will exempt up to 7,000 businesses from some of policy costs included within electricity bills.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →