The new scheme 鈥 the 鈥 will see a cut in energy prices for non-domestic energy customers, such as businesses, charities and public sector organisations.
The government say that the scheme will support growth, prevent unnecessary insolvencies and protect jobs.
Responding to the information provided today about the energy support package for businesses, NFU President Minette Batters said: 鈥淲e welcome the detail announced today in the energy support package which will provide a much-needed cushion for farmers, growers and food businesses who are vulnerable to high wholesale energy prices.
鈥淕iven the package does not cover limits on standing charges, it鈥檚 essential the government continues to assess the full impact that energy bills will have on business confidence and production.
Clarity needed
鈥淲e also need urgent clarity on what support will be available for food businesses after the initial six month period. Energy plays a core role in the production of our food and throughout the food supply chain, from fertiliser production and heating glasshouses and livestock buildings, to baking bread and keeping facilities clean. We simply can鈥檛 produce the food the nation needs without affordable energy.
Protecting food security
鈥淏ecause of this close link between energy and food, the government must prioritise access to affordable energy for food production and the food supply chain. Continued support will be key for curtailing food price inflation going forward and ensuring the provision of affordable, nutritious, climate-friendly food for the country.鈥
Working on your behalf
This announcement does solve some of the questions outlined in NFU Agrifood Policy Delivery Manager Jack Watts' opinion piece, Energy Price Guarantee 鈥 what the NFU knows so far, but gaps in the detail still remain.听
We will continue working with government departments to bring you the clarity and support your businesses need.听