What is the Temporary Business Energy Support Scheme?

The government has recently announced changes to the Temporary Business Energy Support Scheme (TBESS) , which was set up to help businesses who've seen significant increases in their energy costs compared to a year ago.

From 1 March 2023, the scheme will provide qualifying businesses with up to 50% of the increase in electricity or gas bills, up to €15,000 per month, and will be administered by Revenue. 

It's aimed at businesses whose average unit gas or electricity price has risen by over 30% compared with their average unit gas or electricity price in 2021.

The increase in energy bills must be between the ‘claim period’ and the ‘reference period’. A claim period is a calendar month from September 2022 to May 2023. A reference period is the corresponding calendar month in the previous year. For example, September 2021 is the reference period for the September 2022 claim period.

The €15,000 limit can be increased where a qualifying business operates across multiple locations and has more than one electricity account.

To make a claim, and for a comprehensive list of scheme guidelines, visit revenue.ie

You may need to view and download your Bord Gáis Energy bills to avail of this scheme. To access your bills, sign in to your online account. If you don't have an online account, register now.

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