Oral Question·Department for Energy Security and Net Zero
“What steps he is taking to help support businesses to reduce their energy costs.”
Tabled: 9 July 2025Answered: 15 July 2025
Asked by
Shaun Davies
Labour — Telford
Answering Minister
the Secretary of State for Energy Security and Net Zero
Answer from Hansard
The Parliamentary Under-Secretary of State for Energy Security and Net Zero (Miatta Fahnbulleh)
We know that the cost of energy is a huge challenge to businesses across the country. That is why our mission to deliver clean power by 2030 is so important: that is how we will get bills down for good. While we try to get there, we are taking action to support businesses, including through the new British industrial competitiveness scheme, which will reduce electricity costs by around 20% to 25% for more than 7,000 businesses.