A view of the Little Cheyne Court Wind Farm amongst existing electricity pylons on the Romney Marsh in KentMORE than 7,000 manufacturing businesses will have up to 25 per cent cut from their electricity costs under the government’s 10-year industrial strategy.
Under a new British Industrial Competitiveness Scheme announced today, they will be exempted from levies on bills including the renewables obligation, feed-in tariffs and the capacity market from 2027 — reducing bills by up to £40 per megawatt hour.
Around 500 of the most energy-intensive firms, including the steel industry, will also see their network charges cut with bigger energy discounts, along with measures to speed up the time it can take to connect new factories and projects to the energy grid.
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Unite general secretary Sharon Graham welcomed the moves to cut energy costs, but said: “Unite would like to have seen the government go further.
“Our energy system is broken beyond repair; it will never function in the interests of business and consumers until it is brought back into public ownership.
“That must start with the National Grid to ensure industry can get the power it needs when it needs it and is not left waiting forever for new connections.”
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Original article at https://morningstaronline.co.uk/article/unions-welcome-labour-action-cut-industrial-energy-costs-unite-presses-public-ownership