Join us for British Industrial Competitiveness Scheme (BICS) and Managing Energy Costs webinar supported by Envantage.
The government’s new British Industrial Competitiveness Scheme (BICS) is set to reshape electricity costs for businesses in key growth sectors under the UK’s modern industrial strategy. With the consultation now closed and outcomes expected in April, now is the time to understand who may qualify and how your business can prepare. At the same time, rising levies and network charges mean energy costs will increase for businesses from April. Policy exemptions and compensation schemes like BICS, EII and CCA could be part of the solution to help manage energy costs across your business. Join Envantage, for an exclusive webinar for SMMT members on BICS, and how to manage rising energy costs.
In this session we will cover:
- What BICS means for UK businesses and what to expect from April’s consultation results
- How electricity and gas bills are really structured
- Why network and non-commodity charges are rising this April and expected to continue increasing in the coming years • How you can manage and reduce these costs
- Tariff structure and charging bands: What they are, whether you can change them
- Exemptions and compensation schemes including BICS, EII, NCC, and CCA
- Energy purchasing strategies: Different ways to buy power and how removing non-commodity charges can significantly reduce your overall bill. Whether your organisation is directly affected by BICS or looking to control rising energy costs, this webinar will give you practical insight and clear next steps.
