Businesses to pay more for their energy from April 2023
13 April 2023
From April the government’s Energy Bill Relief Scheme (EBRS) will be replaced by the less generous Energy Bills Discount Scheme (EBDS). Some businesses could face an increase of over 40% for electricity and over 20% for gas
From April the government’s Energy Bill Relief Scheme (EBRS) will be replaced by the less generous Energy Bills Discount Scheme (EBDS). The EBDS sets a maximum discount for electricity of £19.61 per megawatt hour with a price threshold of £302 per MWh.This compares with a government supported price of £211 per MWh. The average wholesale electricity cost for 2023 has been around £300 per MWh close to the discount threshold. Business could face an increase from £211 per MWH to around £300 per MWH and increase of 42%. The comparable figures for gas are an increase from £75 per MWH to around £91.5per MWh and increase of 22%. Standing charges and operating costs can add substantially to these rates.
With energy costs so high, the return on investing in energy saving measures has never been better. Colin Lillicrap Associates has been advising businesses on reducing their energy costs for over twenty years. Our comprehensive energy audits identify all energy uses and the most cost effective investments to reduce your costs. Our teams can project manage most energy saving measures including LED lighting, heat pumps and solar panels. Call us today for a free initial consultation.
For more information go to www.cleanenergy-solutions.co.uk
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