Following some uncertainty about whether schools would receive any support with energy bills after March 2023, the government has now confirmed a new Energy Bills Discount Scheme which will include schools. However, the scheme is less generous than the current scheme and fewer schools will be eligible.
Under the new scheme, only those paying above £107 per megawatt hour for gas or £302/MWh for electricity will receive help, automatically applied to bills.
The government said that wholesale prices had fallen significantly in recent months. The measures will still help some of those “locked into contracts signed before recent substantial falls…and provide others with reassurance against the risk of prices rises again”.