Local businesses said"any help is welcome", but awaited more information on what the package meant to them.The “supported wholesale price” is expected to be £211 per megawatt hour for electricity and £75 per MWh for gas.
Organisations which signed fixed-price energy deals on or before April 1 this year will see the wholesale part of their bill capped automatically. Those who entered new fixed-price contracts after October 1 will get the same support. “And with our plans to boost home-grown energy supply, we will bring security to the sector, growth to the economy and secure a better deal for consumers.”Kelvin Bardsley, who runs The Kitchen Tap in Garstang, said he wanted to know more about how individual businesses would benefit, but welcomed the news.
He said:"We're looking forward to a good winter, especially now that there is help with the energy bills. “But the exact level of support will vary greatly from business to business depending on the detail of its contract, so some will inevitably do better than others. “Some businesses will still struggle to meet their bills despite this government intervention, the Chancellor must prioritise those firms in his mini-budget on Friday.