Business: Energy
The question
To ask the Secretary of State for Business and Trade, what assessment he has made of the adequacy of the regional distribution of energy cost support for businesses in Lincolnshire.
Answered by Chris McDonald
The Department for Business and Trade manages two energy cost support schemes, the British Industry Supercharger and the Energy-Intensive Industries Compensation Scheme, to support eligible energy-intensive industries with the indirect costs of emissions levies and electricity policy and network costs. These schemes provide support to around 550 businesses across the whole of Great Britain, including some of the most electricity and trade-intensive businesses in Lincolnshire.
From April 2027 the British Industrial Competitiveness Scheme is expected to support over 10,000 additional manufacturing businesses across the whole of Great Britain with an additional payment in 2027 to cover the 2026/27 period.
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