Being included in the new business energy scheme discount on your energy bills can be helpful financially in a few different ways:

• Reducing your monthly expenses: By paying less for your energy bills, you can reduce your monthly expenses, leaving you with more disposable income to spend on other necessities or save for the future.

• Easing financial strain: For those who are struggling to make ends meet, a discount on energy bills can ease the financial strain and help them to make payments on time, avoiding late fees and penalties.

• Improving cash flow: By reducing your energy bills, you can improve your cash flow, allowing you to allocate more resources to other areas of your business, such as investing in growth opportunities or paying off debt.

• Encouraging energy conservation: Energy discounts can also encourage businesses to use energy more efficiently and reduce waste, which can not only save money on bills but also benefit the environment by reducing carbon emissions.

Additionally, if you are a small business owner, a discount on your energy bills can help reduce your overhead costs, which can ultimately increase your profitability. This can help you to reinvest in your business or provide better benefits and compensation to your employees.

Overall, having a discount on your energy bills can help improve your financial situation by reducing your monthly expenses and freeing up funds for other important financial priorities.

On 9th January 2023, the Government announced a new business energy scheme from 1 April 2023 to 31 March 2024 for eligible non-domestic consumers in Great Britain and Northern Ireland. Read more here.