Level of support

Full details can be found on our initial EBRS blog here but, at a high level, the additional support should your business qualify is as follows:

• Electricity Price Threshold of £185 MWh (18.5 p/kWh), Maximum Discount of £89 MWh (8.9 p/kWh) 

• Gas Price Threshold of £99 MWh (9.9 p/kWh), Maximum Discount of £40 MWh (4 p/kWh) 

• Maximum Discounts are applicable to 70% of volume

Application process

Whilst the scheme runs from 1st April 2023 to 31st March 2024, the application window will run for a 90-day period from 26th April and suppliers will be able to apply the discounted rate retrospectively once eligibility has been confirmed by the Department for Energy Security and Net Zero. 

In order to qualify, the business will need to be able to prove that at least 50% of its revenue is being generated from UK-based activity within eligible SIC code sectors.

Should this test be passed, the following information needs to be provided for the application process: 

• Contact details
• Registered company name and address 
• Company registration number 
• Up to 4 ETII eligible SIC codes 
• Gas and/or electricity supplier details 
• Gas and/or electricity meter point numbers (MPRN or MPAN) associated with the property, which are found on your invoice(s) from your energy supplier 
• Name of your organisation as it appears on your bill from your energy supplier(s) 
• Declaration letter signed by a named director or equivalent of your organisation or business 

In addition to the above, you will be required to provide financial evidence to determine your eligibility, such as: 

• Most recent full set of end-of-year accounts. If you do not have these, upload evidence of your most recent company accounts, covering a minimum period of the most recent 6 months
• Income Statement referring to the same time period as the accounts
• Sample of 20 sales invoices, no older than 12 months from the date of the signed declaration, which demonstrates activity that falls within an eligible sector
• License or trade body membership details for regulated industries (if applicable)
• Any additional evidence you want to support your application

Further support

It is also advised that to help with the processing of your application, you could also upload a letter signed by an external auditor or chartered accountant. This should confirm that you are in an eligible sector and that 50% or more of your revenue generated from Great Britain and Northern Ireland are in an eligible sector.

Applicants can check eligibility and apply online here.

Adalta Energy is available to support your business in this application process. Businesses on fixed price contracts secured at levels above the supported price thresholds should apply. In addition, those businesses on flexible purchasing contracts with open positions can use the scheme to hedge any upside price risk as, despite current market prices being well below the supported price threshold, the scheme will provide a ceiling price against your budget.