Goodness, the Energy Bills Discount Scheme is Wrapping Up!
It’s Monday, 31 March, and the government’s little lifesaver for small businesses— the Energy Bills Discount Scheme—has officially closed shop. No sign of a fresh rollout is on the radar, and that’s sending a clear warning: the lights are going to stay on, but the bills are about to go up.
Why the Chill‑On Caller Works So Hard
- SMEs felt the heat – research by the insurer Simply Business found that over a quarter of small firms now pay up to 40 % more for energy every month than they did a year ago.
- Companies that had relied on the scheme since its 2022 launch are bracing for the “new normal” of steep meter readings.
- Without the government’s help, many businesses are already showing signs of retreat: reduced staff, slashed opening hours, and a very literal burn‑out.
Hearing from the Front‑line
Micky Whiteman – RD1 Clothing
“The relief scheme was a lifesaver in 2022, keeping our electric bill doable, but that was just the tip of the iceberg,” Micky says. “Energy costs are sky‑high, suppliers are hiking prices, and people are buying less. If the government doesn’t pick up the slack, we might not see new businesses looking to open, and some of us may have to close.”
“We’ve already had to cut staff to keep things afloat. We’re trying to keep product prices low, but the wind is howling with supplier price hikes.”
Daniele Paduano – Kotch! Pizza, Stratford
“I once let an energy provider on the brink of closure owe me £1,800. I only found out when I finally logged in after months of silence. Chasing it was a nightmare,” Daniele recalls. He adds, “To avoid going negative with the electric company, I simply turn off direct debit whenever I reach a credit limit and reactivate it when it’s gone. That’s quick and works.
“Small business owners need to regularly check their online accounts and install smart meters. Checking the meter is a quick task, and the cash flow will thank you. Every six months, negotiate if rates drop— the suppliers will try hard to keep a paying customer.”
Bea Montoya – COO of Simply Business
“The scheme ending will only increase the financial strain on SMEs,” Bea says. “Our study revealed that 46 % of SME owners with more than 10 staff report the energy crisis impacting their supply chain, and 36 % have had to cut services or shorten opening hours.”
“We’re in a recessionous environment, and high energy costs are a top challenge. Without more support, many small businesses will struggle to survive.”
What This Means for the Small‑Business Community
- Energy bills are likely to climb, squeezing profits across the board.
- Small firms will need to become energy detectives—regular checks, smart meters, and renegotiating contracts.
- They will benefit from sharper government relief, especially a possible roll‑over of the discount scheme.
In short, the public lights stay on, but the cost to keep them glowing is going to be real. Small business owners are holding onto hope, but without renewed protection, the majority are feeling the crunch. It’s a tough time—it’s borderline “pay‑what‑you‑can” for many. Staying on their toes and squeezing every penny will be the game plan moving forward.
