questionText: To ask the Secretary of State for Business and Trade, if he will set out the terms of reference for the consultation on the British industrial competitiveness scheme.
answerText: From 2027, the new British Industrial Competitiveness Scheme (BICS) will reduce electricity costs by c.£35-40/MWh for thousands of eligible businesses. These firms will be exempt from paying levies on the Renewables Obligation, Feed-in Tariffs and the Cap...
heading: Industry: Trade Competitiveness