Energy Intensive Industries: Hexham
The question
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential merits of reduced electricity costs for employers on employment growth in energy- intensive sectors in Hexham constituency.
Answered by Chris McDonald
Government delivers electricity cost relief schemes that provide support to businesses in energy intensive sectors across the country, helping UK businesses to remain competitive and protect thousands of well paid, British jobs. The British Industry Supercharger cuts electricity costs for around 550 energy intensive businesses, and Government recently confirmed an uplift in relief through its Network Charging Compensation Scheme from 60% to 90%. This will further reduce the gap in electricity prices between the UK and other countries. Alongside this, from 2027, the British Industrial Competitiveness Scheme will cut electricity costs for even more businesses.
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