The government is, as expected, scaling back support for businesses with energy bills from April.
Under the new and less expensive scheme, firms will get a discount on wholesale prices rather than costs being capped.
Bills will automatically be discounted by up to £6.97 per megawatt hour for gas bills and up to £19.61 per MWh for electricity bills.
Heavy energy-using sectors - not including agencies, obviously - will get a larger discount than others.
The new scheme - which applies to charities and public sector bodies - will run until the end of March 2024, with a limit on total expenditure to reduce liability for taxpayers.
