The EBRS is a government scheme that was announced last month (September 2022) and has been introduced to provide businesses in Great Britain with relief from the rising costs of energy bills.
The scheme came into force on 1st October and will initially be in place for 6 months (ending on 31st March 2023).
Under the EBRS scheme a discount will be applied to the wholesale electricity element of a bill. The discount has been set at 21.1p per kWh (£211 per MWh). Suppliers will be compensated by government for the difference between the actual wholesale price and the discounted electricity price for the duration of the scheme.
No – the scheme will only be available for businesses on an existing fixed price contract agreed on or after 1st December 2021. If you signed a fixed rate contract before 1st December you will not be eligible for support under the scheme.
Its also important to note that the 21.1p per kWh discounted rate only applies to businesses on an fixed rate electricity contract. Any Businesses on a Variable, Deemed or Out-of-Contract rate will be subject to a ‘maximum discount’ of 34.5p per kWh (£345 per MWh).
No – eligible customers will receive a discount on the wholesale electricity element of the bill, so other non-commodity charges (transmission and distribution costs, capacity charges and other applicable costs) will still apply and will not receive any discount.
Not quite – although the discount will apply regardless of what time you use electricity, as I mentioned above, non-commodity charges will still apply.
This is important to remember, as most transmission and distribution charges are higher during peak (Day) times, so if you are looking to reduce costs then it is still best to use energy during off-peak times.
We have already been in contact with all of our PPA customers to explain the implications of the EBRS scheme for them and answer any questions that they may have. We will continue to keep our customers updated on any developments as more details of the scheme are confirmed.
If you are an EV Fleet Operator and would like to know how the EBRS scheme affects you then we will be glad to help. Please do get in touch is you have any questions or would like to chat with one of our experts.
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Pete leads Zenobē’s growing team of Product specialists across all areas of the business. His team oversee our R&D as well as product development in both hardware and software.
He has been working in the European E-Mobility sector from over ten years, specialising in the design, build and delivery of software systems for EV Charging.