UK businesses are facing electricity bill rises of up to 133% from April compared to last year, Cornwall Insight’s Delivered Electricity Cost forecaster revealed.
The Energy and Climate Intelligence Unit (ECIU) has indicated that should the UK government be slow in the rollout of EV and vehicle-to-grid (V2G) technology, the UK could miss out on £6.5 billion on energy bills.
67% of large businesses believe the Energy Bills Discount Scheme (EBDS), set to be introduced from 1 April 2023, won’t go far enough to support them amid the energy crisis.
Citizens Advice has called on the UK government to establish a social tariff by 2024 to support households struggling with energy bills over the next decade.
The UK Government has released financial aid to 900,000 more households across England, Scotland and Wales as part of the Energy Bills Support Scheme Alternative Funding (EBSS AF) route.
Octopus Energy has released a new tariff that allows multi-site businesses to share green energy with other locations should renewable energy be generated on-site.