The Energy Bills Discount Scheme has been introduced by the Treasury to extended government help for business energy bills post-April 2023
All businesses within the beauty industry that are eligible under the current set of support will continue to receive a cut in energy bills from April 2023.
The plan will take up to £6.97 off bills for every megawatt hour (MWh) of gas that a business uses, and £19.61 per MWh off electricity bills. Energy bills will be discounted automatically by the Government, working via energy suppliers, businesses do not need to apply for this relief.
This discount will only kick in when gas prices are more than £107 per MWh for gas and £302 per MWh for electricity. Businesses that fall under this threshold will not get any further support for their energy bills.
On the announcement Victoria Brownlie, Chief Policy Officer at the British Beauty Council, comments: ‘There can be no debate that businesses within the beauty industry are having a really difficult time at the moment with the price of energy, products, rents and supply chain costs and increasing significantly in 2022.
‘Whilst we are grateful to receive some level of continued support post March, it is disappointing that the Government has not gone further at such a delicate time for our hair & beauty salons and retail businesses. We are continuing to push for discounts, grants and incentives across other areas of business. These include green grants and funding to implement energy efficiency measures, to help rebuild and future-proof the industry.’
In order to guide business-owners through the announcement of extended government help for business energy bills, the Council has answered FAQs in this article.