Unveiled by business secretary Jacob Rees-Mogg today, the new Government Energy Bill Relief scheme will see gas and electricity prices fixed for non-domestic energy customers, including businesses, charities and public sector organisations, for six months from 1 October.
Hospitals, schools and other settings such as community halls and churches will also get help.
According to the Government, the savings will be ‘first seen in October bills, which are typically received in November’.
Under the scheme, wholesale energy prices are expected to be fixed to £211 per MWh for electricity and £75 per MWH for gas, which the Government would be less than half the wholesale prices anticipated this winter.
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