Businesses to benefit from €1.25bn in energy supports
Under the terms of the new scheme businesses that can show their average unit price for gas and electricity has increased by more than 50 per cent in the last 12 months will be eligible
A new €1.25 billion temporary energy support scheme for businesses is set to be introduced, the government has announced.
The move was among a number of changes for business owners, including a €200 million state aid scheme for those affected by Russia’s invasion of Ukraine, a €1.2 billion credit guarantee scheme and a €500 million low cost loan scheme.
Under the terms of the new Temporary Business Energy Support Scheme (TBESS), businesses that can show ...