As an energy supplier in the UK, we know how important it is for customers to receive the best deals possible on their energy bills. That’s why we are excited to share our perspective on the UK Energy Bills Discount Scheme, which is set to provide support to eligible non-domestic consumers across Great Britain and Northern Ireland.
The scheme, which was first introduced in 2020, has undergone some changes, including the addition of the Energy Bill Relief Scheme, which provides further support to businesses and public sector organisations affected by soaring energy prices. As a supplier, we understand the challenges that come with rising energy costs, and we believe that this scheme will make a real difference in helping customers manage their energy bills.
The scheme offers eligible non-domestic consumers a unit discount on their gas bill, subject to a maximum discount, and a discount on their electricity bill based on the relevant wholesale price. The discounts will apply for a 12-month period from April 2023 to March 2024, providing much-needed relief for businesses and organisations across the UK.
As a licensed energy supplier, we understand that customers may have questions about how to apply for the scheme and what the eligibility criteria are. That’s why we’re here to provide information and support to our customers throughout the application process.
In this article, we’ll provide an overview of the scheme, explain how it works and who is eligible, and discuss the benefits it can offer to eligible non-domestic consumers. We’ll also provide details on how to apply and what customers can expect throughout the application process.
As a supplier committed to providing the best possible service to our customers, we believe that the UK Energy Bills Discount Scheme is a positive step towards supporting businesses and organisations in managing their energy costs. We’re excited to share our perspective on this important scheme and help our customers navigate the application process.
What is the Energy Bills Discount Scheme (EBDS)?
The Energy Bill Discount Scheme (EBDS) is a government-supported program aimed at providing eligible non-domestic customers across the UK with a higher level of support in meeting their energy costs. The scheme is also known as the Energy Bill Support or Energy Bill Relief Scheme, and it provides a unit discount on energy bills subject to a maximum discount.
The EBDS is designed to offer support to businesses, public sector organisations, and non-domestic energy users in trade intensive industries, who have been hit hard by soaring energy prices in recent years. The scheme is available to eligible non-domestic consumers in Great Britain and Northern Ireland, who need to apply for the support.
The new Energy Bill Discount Scheme will be available from April 2023 to March 2024 and is expected to provide more support than the previous scheme. The support provided will be subject to a price threshold, based on the relevant wholesale price of gas and electricity. This threshold will be reviewed each year, with the Treasury-led review of the scheme to take place in 2022.
Licensed energy suppliers will be responsible for providing the support to eligible customers, and the unit discount will be applied directly to the customer’s energy bill. The discount will be based on the customer’s energy volumes and the relevant wholesale energy prices.
The EBDS is an essential scheme for those who are struggling to pay their energy bills, particularly in these challenging times when energy prices are soaring. The government is committed to providing much-needed support to businesses and organisations, and the EBDS is just one example of its commitment to helping those who need it the most.
In conclusion, the Energy Bill Discount Scheme is a vital support scheme for eligible non-domestic customers in Great Britain and Northern Ireland. It provides a unit discount on energy bills, subject to a maximum discount, and is aimed at helping businesses, public sector organisations, and non-domestic energy users in trade intensive industries. The new energy bills discount scheme will be available from April 2023 to March 2024, and the government has promised to provide much-needed support to businesses and organisations that are struggling to meet their energy costs.
How does the EBDS discount work?
The Energy Bills Discount Scheme (EBDS) is a UK government-supported initiative aimed at providing financial support to eligible non-domestic energy users. The scheme was introduced to help businesses cope with soaring energy costs by providing an energy bill discount that could ease the burden of high energy bills.
The discount scheme will be available from April 2023 to March 2024, subject to a maximum discount level of £200,000 per customer. Eligible non-domestic customers who qualify for the scheme can receive a discount of up to 33% on their energy bills, subject to a price threshold.
The EBDS discount works by applying a unit discount to the relevant wholesale price of gas and electricity. The discount is then applied to the energy volumes consumed by the eligible non-domestic customers during the discount period.
To qualify for the EBDS, businesses must be licensed energy suppliers, energy-intensive industries, or trade-intensive industries. Public sector organisations and eligible non-domestic consumers in Great Britain and Northern Ireland are also eligible for the scheme.
To apply for the EBDS, eligible non-domestic customers will need to contact their energy supplier and provide the necessary information to confirm their eligibility. The energy supplier will then confirm the discount and apply it to the customer’s energy bills.
The new Energy Bills Discount Scheme (EBDS) is a welcome relief for businesses struggling with high energy costs. The Treasury-led review of the scheme will help ensure that the support provided to businesses is appropriate and that the scheme continues to provide value to eligible non-domestic customers.
Eligibility for the EBDS baseline discount
Eligibility for the Energy Bill Discount Scheme (EBDS) is a crucial factor for businesses and organizations that wish to benefit from the scheme. The EBDS was introduced by the UK government to provide support to eligible non-domestic energy users struggling to pay their energy bills due to soaring energy costs. The scheme provides a discount on the electricity and gas bills of eligible non-domestic customers, helping to reduce the burden of energy costs for businesses and organizations across the UK.
To be eligible for the EBDS, businesses and organizations must meet certain criteria. The scheme is available to eligible non-domestic consumers in Great Britain, including those in England, Scotland, and Wales. The scheme is also available to public sector organizations, trade-intensive industries, and energy and trade-intensive industries. However, businesses and organizations must apply to receive the discount.
The EBDS discount is subject to a maximum discount of up to £5,000 per year for each eligible organization. This amount is subject to change depending on the relevant wholesale price of electricity and gas, which is determined by the government. The scheme provides a unit discount on the energy volumes used by eligible organizations, and the discount is calculated based on the energy price threshold set by the government.
It is important to note that the EBDS is not a government-supported price guarantee, and the discount provided is subject to change based on the relevant wholesale price of electricity and gas. Additionally, the EBDS is not an energy contract, and businesses and organizations are not required to switch energy suppliers to benefit from the scheme. Eligible organizations can receive the discount on their existing energy bills from their licensed energy supplier.
The EBDS scheme will run from 1 April 2023 to 31 March 2024, and businesses and organizations that meet the eligibility criteria will need to apply to receive the discount. The government has announced a Treasury-led review of the scheme, which will take place in 2022 to ensure that the support provided by the scheme is adequate and effective for businesses and organizations across the UK.
In summary, the EBDS provides important support for businesses and organizations struggling with soaring energy costs, but eligibility is subject to certain criteria. Eligible non-domestic customers in Great Britain, public sector organizations, trade-intensive industries, and energy and trade-intensive industries can receive a maximum discount of up to £5,000 per year subject to a unit discount on energy volumes used. The scheme will run from April 2023 to March 2024, and businesses and organizations that meet the eligibility criteria will need to apply to receive the discount.
Will I hear from my energy supplier?
If you’re an eligible non-domestic customer in Great Britain, you may be wondering if your energy supplier will contact you about the Energy Bill Discount Scheme (EBDS). The answer is yes, you should expect to hear from your energy supplier regarding the EBDS scheme.
As part of the scheme, the government requires licensed energy suppliers to identify eligible customers and apply the discount to their bills. Energy companies are responsible for identifying eligible customers, calculating the discount, and applying it to their bills.
The eligibility criteria for the scheme is determined by the government, and the discount is based on the relevant wholesale price of electricity and gas. Eligible non-domestic energy users may receive a unit discount on their bills, subject to a maximum discount, which will vary from April 2023 to March 2024.
However, it is important to note that eligible customers will need to apply for the discount through their energy supplier. The scheme does not automatically apply to all eligible non-domestic customers. Therefore, if you think you are eligible for the scheme and have not heard from your supplier, it is best to contact them and enquire about the scheme.
Your energy supplier should be able to provide you with more information on the support provided by the scheme, including the level of support and how it will be applied to your energy bill. Energy companies are required to provide information to eligible customers about the scheme, including how the discount is calculated and how it will appear on their bills.
In summary, energy suppliers are responsible for identifying eligible customers and applying the EBDS discount to their bills. However, eligible non-domestic customers need to apply for the discount through their energy supplier, and it is recommended to contact them to enquire about the scheme.