British Industrial Competitiveness Scheme
Ref: GRT-7455V8Q3
Funding Available
Up to £40 per megawatt hour
UK Wide
Manufacturing
30 November 2026
Grants & Funding
About This Grant
A scheme that aims to reduce electricity costs by up to £40 per megawatt hour for eligible manufacturers in the growth sectors (the ‘IS-8’) and foundational manufacturing industries. It exempts eligible businesses from paying indirect costs of the renewables obligation, capacity market, and feed-in tariff.
What Can It Fund?
- Reducing electricity costs
Eligible Costs
- -Indirect costs of the renewables obligation
- -Indirect costs of the capacity market
- -Indirect costs of the feed-in tariff
Funding Source
Department for Business, Innovation, Science and Trade
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