Energy discount scheme extended – but fewer schools will benefit

School finance
Fewer schools will benefit the government’s new discount scheme for energy bills – however those still eligible can now count on support until the end of March 2024.

The current Energy Bill Discount Scheme for non-domestic customers runs until the end of March, but this week the Treasury announced an updated scheme to run for the next financial year (April 2023 to March 2024). This will once again cover schools.

Currently, schools are eligible for support (automatically applied to bills) if they are paying more than £75 per megawatt hour for gas or £211/MWh for electricity.

However, from April schools will only get help if they are paying at least £107/MWh for gas and £302/MWh for electricity. Those with energy costs below this level will not receive support.

The Treasury confirmed: “All eligible non-domestic customers who have a contract with a licensed energy supplier will see a unit discount of up to £6.97/MWh automatically applied to their gas bill and a unit discount of up to £19.61/MWh applied to their electricity bill.”

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