Recommendation 31

We agree with Make UK that the Government should introduce an opt-in energy bills discount scheme for businesses, whereby the Government provides eligible businesses with a unit rate discount, up to a maximum value, when wholesale prices rise above a certain price threshold, and businesses pay into the scheme when wholesale prices fall. This would mean that businesses could guarantee an energy price that is stable and internationally competitive. The Government should work with Make UK and other business groups to develop this scheme and ensure that it is available to both larger businesses and SMEs within six months of the publication of this Report. (Recommendation, Paragraph 108)