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Up to £40/MWh off eligible business energy bills: Could you benefit from applying for BICS?

The British Industrial Competitiveness Scheme (BICS) is a Government scheme to help eligible UK manufacturers reduce their electricity costs by up to £40/MWh. If your business qualifies, you could benefit from exemptions from some policy-related electricity costs, helping to reduce your energy bills.

From April 2027, eligible businesses may receive exemptions from the indirect costs of Renewables Obligation (RO), Feed-in Tariffs (FiT) and Capacity Market (CM).

Is your business eligible for BICS?

To be eligible for BICS, your business must apply before 1 December 2026 and meet all 4 of the following criteria.

✓ Registered on Companies House

✓ Operate within an eligible sector

Eligible sectors are manufacturing frontier industries within the Industrial Strategy growth driving sectors (the ‘IS-8’), together with the manufacturing foundational industries that provide important inputs to the frontier industries. They are defined by the Standard Industrial Classification (SIC) 2007 system. Your business must have the relevant SIC code registered at Companies House, unless you are exempted by Companies House requirements.

✓ Manufacture eligible products in Great Britain

Eligible products for BICS are goods which are important outputs of manufacturing frontier and foundational industries. They are defined by the Harmonised System (HS).

✓ Use at least 33 megawatt-hours (MWh) of grid-supplied electricity per year at the manufacturing site for which support is being claimed

You can check whether your business may be eligible using the Government’s BICS eligibility checker.

Need a hand?

Our Energy Management Services Team are friendly experts who are here to help!

If you meet the criteria above, AND your usage is 200mWh+, get in touch. They will consider the characteristics and energy profile of individual assets and identify opportunities where BICS, other grants and funding, smart systems or technology could provide a genuine commercial benefit to your business.

Start your journey towards cheaper, greener and more secure energy today by calling Sophie on 0191 574 0498, Glen on 0191 535 5906 or filling in the form below.

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