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<p>The new Energy Bill Discount Scheme will support steel producers facing high energy
prices through issuing a per-unit discount to their energy bills. The calculated discount
will depend on the terms of their contract and the future price of energy.</p><p>
</p><p>We cannot provide an average estimate, but for steel firms eligible for the
Energy and Trade Intensive Industry support, for electricity the maximum discount
on 70% of usage will be £89 per megawatt hour (MWh) with a price threshold of £185
per MWh. For gas, the maximum discount will be £40 per MWh with a price threshold
of £99 per MWh, also on 70% of usage. The remaining 30% of usage will be supported
at the same level as non-domestic customers who do not qualify for the Energy and
Trade Intensive Industry support.</p><p> </p><p>We have provided the steel sector
more than £800m since 2013 to help with energy costs.</p>
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