Grants & Funding

Government grants and funding awarded to the company

6 Grants £84.90m Total Awarded

Energy Bill Relief Scheme (GB)

£47.60m

The Energy Bill Relief Schemes are established for Great Britain (GB) and Northern Ireland (NI) under the Energy Bill Relief Scheme Regulations 2022 (S.I. 2022 / 1100) (EBRS GB Regulations), Energy Bill Relief Scheme (Northern Ireland) Regulations 2022 (S.I. 2022/1106) (EBRS NI Regulations) and the supporting Rules. The EBRS Schemes require licensed energy suppliers to provide a Discount on wholesale gas and electricity prices for all non-domestic Customers (including all UK businesses, the voluntary sector such as charities, and the public sector such as schools and hospitals) whose current gas and electricity prices have been significantly inflated in light of global energy prices. The licensed suppliers will be able to make a recovery claim from the Government to recover the cost to them of applying these Discounts to their Customers. The EBRS Schemes will apply to Fixed Price Contracts agreed on or after 1 December 2021, as well as to Variable Price Contracts, Flexible Price Contracts and (in NI) DAI Price Contracts. It will apply to energy usage from 1 October 2022 to 31 March 2023, running for a six-month period for all eligible non-domestic energy users. The Government has announced that it will publish a review by the end of 2022 to inform decisions on future support after March 2023. The EBRS Schemes will operate by reference to a Government Supported Price. For all non-domestic energy users in GB and NI this has initially been set at: 21.1p/kWh for electricity 7.5p/kWh for gas The Government will determine and publish the Government Supported Price and Maximum Discount for the EBRS Schemes for each of gas and electricity. For each contract that is eligible for a Discount a Reference Wholesale Price must be determined. The Base Discount is then calculated as: Reference Wholesale Price Government Supported Price The Government will publish the Reference Wholesale Prices and Base Discount for Fixed Price Contracts, Variable Price Contracts and (for NI) the DAI Price Contracts1. The Discount to be applied to the Customers Supply Price is then potentially capped to ensure that the Discount does not exceed the Maximum Discount for Variable Price Contracts and flexible rate contracts.

Department for Business, Energy and Industrial Strategy
Energy Bill Relief Scheme Great Britain and Northern Ireland (EBRS GB&NI)
1 Apr 2022
Currency: GBP

Energy Bill Support Scheme (EBSS GB)

£36.95m

The Energy Bills Support Scheme (EBSS GB) provided a £400 non-repayable discount to eligible households between October 2022 to March 2023 to help with their energy bills.

Department for Business, Energy and Industrial Strategy
Energy Bill Support Scheme (EBSS GB)
1 Apr 2022
Currency: GBP

Energy Bill Support Scheme Non Domestic Alternative Fund/Flat payment

£288k

The Non-Domestic Alternative Fuel Payment (ND AFP) will provide support to non-domestic customers in Great Britain who use alternative fuels.

Department for Business, Energy and Industrial Strategy
Energy Bill Relief Scheme Non Domestic Alternative Fund/Flat payment (EBRS NDAFP) ??
1 Apr 2022
Currency: GBP

NEIRF1029CLAIM3 - The Carbon Bank

£50k

The funding will be used to develop a broad range of projects that deliver environmental benefits while also demonstrating a wide range of innovative approaches to generating revenues from ecosystem services. In doing so, these projects will stimulate private sector investment in protecting and enhancing the environment in line with the governments 25 Year Environment Plan.Projects receiving funding focus on tackling climate change and restoring nature through schemes such as woodland and habitat creation, peatland and kelp forest restoration and river catchment management. Helping to provide natural flood risk management, improve water quality and biodiversity.

Department for Environment, Food and Rural Affairs
Natural Environment Investment Readiness Fund (NEIRF) 2021-2026
1 Apr 2021
Currency: GBP

NEIRF1029CLAIM2 - The Carbon Bank

£11k

The funding will be used to develop a broad range of projects that deliver environmental benefits while also demonstrating a wide range of innovative approaches to generating revenues from ecosystem services. In doing so, these projects will stimulate private sector investment in protecting and enhancing the environment in line with the governments 25 Year Environment Plan.Projects receiving funding focus on tackling climate change and restoring nature through schemes such as woodland and habitat creation, peatland and kelp forest restoration and river catchment management. Helping to provide natural flood risk management, improve water quality and biodiversity.

Department for Environment, Food and Rural Affairs
Natural Environment Investment Readiness Fund (NEIRF) 2021-2026
1 Apr 2021
Currency: GBP

NEIRF1029CLAIM1 - The Carbon Bank

£4k

The funding will be used to develop a broad range of projects that deliver environmental benefits while also demonstrating a wide range of innovative approaches to generating revenues from ecosystem services. In doing so, these projects will stimulate private sector investment in protecting and enhancing the environment in line with the governments 25 Year Environment Plan.Projects receiving funding focus on tackling climate change and restoring nature through schemes such as woodland and habitat creation, peatland and kelp forest restoration and river catchment management. Helping to provide natural flood risk management, improve water quality and biodiversity.

Department for Environment, Food and Rural Affairs
Natural Environment Investment Readiness Fund (NEIRF) 2021-2026
1 Apr 2021
Currency: GBP