On Monday 9 January, the outcome from the long-anticipated review of the current Energy Bill Relief Scheme (EBRS) for businesses was published. With the EBRS due to end on 31 March 2023, the government announced a new Energy Bills Discount Scheme (EBDS) as its one-year replacement to run from 1 April 2023 and 31 March 2024.
In this week’s ‘Chart of the week’, we outline how the level of support for businesses’ wholesale costs will be scaled back under the EBDS.