The government has revealed that energy bill support for businesses is to be slashed. The financial aid has been extended, the Treasury announced today (Monday).
However, the amount available to business owners will be much less. Ministers said that non-domestic customers – which include businesses, charities and schools, among others – would get up to £6.97 taken off their energy bills for every megawatt hour (MWh) of gas they use.
Electricity bills will also be discounted by up to £19.61 per MWh. The announcement said the government will deliver billions of pounds of support to companies over the 12 months from the start of April. However, the package is considerably less generous than the support they currently get, reports PA.