DEFRA Statement on Energy Bill Relief Scheme

DEFRA Statement on Energy Bill Relief Scheme

22 Dec 2022

A statement was released from DEFRA yesterday:

"The outcome of the Energy Bill Relief Scheme will be announced early in the New Year to ensure businesses have sufficient certainty about future support before the current scheme ends in March 2023. We recognise this announcement will now come slightly later than originally planned, and that you and your members are keen for certainty as soon as possible. However, we want to take this additional time to ensure we get the details right.

As the Chancellor confirmed on 14 October 2022, the overall scale of support for businesses will “cost the taxpayer significantly less than planned” compared to the initial six-month Energy Bill Relief Scheme. This comes as part of government’s responsible management of UK economy, aiming to balance support for business with fiscal sustainability."

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