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The Department for Business and Trade has issued a consultation on the British Industrial Competitiveness Scheme (BICS) and is seeking views on the proposed regulatory framework and delivery approach.
The scheme aims to reduce electricity costs for manufacturing frontier industries within the Industrial Strategy’s growth sectors (the IS-8), and foundational manufacturing industries which provide key inputs to the frontier industries. These business must also meet the relevant electricity intensity threshold. Eligible businesses are to be exempt from paying the indirect costs of the Renewables Obligation and Feed-in Tariffs from April 2027 and the Capacity Market from October 2027.
Responses can be submitted by emailing [email protected] or online using the following form.
The deadline to respond is 11:59pm on 14 May 2026.