Businesses with oil tanks to benefit from new energy support scheme

Scheme will cover half of energy price hikes for 22,000 businesses using oil tanks

Simon Coveney, Minister for Enterprise. Picture: Fergal Phillips

Simon Coveney, the Minister for Enterprise, has launched a new scheme to cover half of the increased energy costs for 22,000 businesses that use oil-tanks.

These businesses had previously been excluded from the government’s temporary business energy support scheme (TBEES) - which was focused on businesses using electricity and gas - despite soaring oil prices. The cost of refilling oil tanks rose by around 64 per cent last year due to the impact of the ...