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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>
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>
We have provided the steel sector more than £800m since 2013 to help with energy costs.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4460", "label" : {"_value" : "Biography information for Ms Nusrat Ghani"} } , "answeringMemberConstituency" : {"_value" : "Wealden"} , "answeringMemberPrinted" : {"_value" : "Ms Nusrat Ghani"} , "dateOfAnswer" : {"_value" : "2023-02-06", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "137787"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-02-06T10:25:36.93Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2023-02-01", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Iron and Steel: Energy"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 25 January 2023 to Question 127746 on Iron and Steel: Energy, if he will make an estimate of the value of the Government support to the steel sector with energy costs since 2013.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4061", "label" : {"_value" : "Biography information for Bill Esterson"} } , "tablingMemberConstituency" : {"_value" : "Sefton Central"} , "tablingMemberPrinted" : [{"_value" : "Bill Esterson"} ], "uin" : "137788"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }