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9 Nov 2022

bira has been offering guidance to retailers on how to take advantage of the Government’s energy bill relief scheme.

7 Nov 2022

Figures from research conducted by global marketing agency Wunderman Thompson Commerce suggested consumers are set to spend up to 50% less than usual this Black Friday, November 25th.

3 Nov 2022

Cycling Industry News’ sixth annual Market Study has today gone live with independent retailers, workshops and mobile mechanics invited to take part by clicking here.

3 Nov 2022

The ACT is delighted to announce a new partnership with Tyl by NatWest - receive a £120 bonus* when you sign up.

3 Nov 2022

New research has suggested as many as one in three drivers believe cyclists shouldn’t be allowed on public highways and should be confined to cycle paths.

1 Nov 2022

AA President Edmund King has told the Daily Telegraph that more cycle routes would be good for drivers, as encouraging motorists to take fewer journeys by car could cut household fuel...

31 Oct 2022

Sustrans has announced that it has joined together with other organisations representing active travel, motoring, road safety, the environment and business leaders to urge the UK government to...

26 Oct 2022

As the economic clouds darken, business leaders have tentatively welcomed the arrival of Rishi Sunak as the country’s new prime minister.

25 Oct 2022

Glasgow, Scotland - Bike for Good is proud to bring the internationally recognised training and accreditation scheme for bicycle technicians to Scotland for the first time. The first Cytech...

25 Oct 2022

Together with our partners at V12 Retail Finance, we are highlighting the FCA Consumer Duty and the four key outcomes that the FCA will be looking for authorised businesses to adhere to.

bira offers guidance on energy bill relief scheme

Posted on in Business News , Cycles News

bira has been offering guidance to retailers on how to take advantage of the Government’s energy bill relief scheme.

Energy bills for businesses across the country are to be reduced from this month as Government support begins. The Energy Bill Relief Scheme significantly reduces the amount businesses can be charged, covering energy use from 1st October 2022.

Support will run for six months to shield businesses from the recent energy price surge, which we hope to see prevent unnecessary insolvencies and protecting jobs and livelihoods.

The scheme applies to energy use from 1st October, but savings applied to October bills are typically received in November with bira advising that retailers should start to feel the benefits this month. They say that it is vitally important therefore for retailers to check their energy bills as soon as possible to ensure they are seeing savings kicking in. If retailers cannot see their automatic discount in place, retailers are advised to get in touch with their energy provider immediately.

The Government is currently carrying out a review to consider how to support businesses with energy bills after April 2023, with any support being targeted to those most affected by high energy prices.
The level of price reduction for each business will vary depending on their contract type and circumstances.

Worried couple
Photo by Mikhail Nilov

There is new guidance on the scheme, published 1st November, which provides further information on eligibility, operation and enforcement. This can be found here.

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If you have any other queries please contact us.