UK Expands Energy Bill Support to 3,000 More Heavy-Use Businesses
The UK government is expanding its energy bill support program to help 3,000 more businesses that use large amounts of electricity and gas. The move extends an existing scheme that was designed to help companies manage high energy costs.
The UK government announced it will extend energy bill support to an additional 3,000 businesses that are heavy energy users. The expansion builds on an existing program designed to help companies cope with soaring electricity and gas costs.
Energy prices have hit businesses hard over the past two years, with many struggling to stay afloat. Companies that use lots of power - like manufacturers, data centers, and large retailers - have been especially squeezed by rising bills.
The government previously faced criticism over how energy support was distributed. Data shows that during earlier support programs in 2022, the richest 10% of households received the most help, averaging £1,350 in support because they used the most gas.
The expanded business support program aims to target help more precisely to companies that need it most. Details about how much support each business will receive and when the program starts are still emerging.
High energy bills have been crushing businesses across the UK, forcing some to close or cut jobs. This expanded support could help keep more companies open and protect workers' jobs during tough economic times.
The government will announce more details about eligibility requirements and support amounts for the expanded program.
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