Every UK business has access to the Energy Bill Discount Scheme (EBDS) replaces the relief scheme. This scheme supports businesses for 12 months from April 2023 through to March 2024.
Regardless of industry, businesses can get discounts on their electricity for fixed-rate contracts that have been agreed on or after 1 December 2021. This also applies to out-of-contract rates.
The maximum business electricity discount is £19.61 per megawatt-hour (MWh) with a price threshold of £302 per MWh. This discount will be applied automatically and will only become active in periods of higher wholesale prices.