Sunday, May 5, 2024

British Gas gives £15m to small firms struggling to cover energy costs

British Gas is a month into a six-month support programme targeted at its small business customers struggling with energy costs.

The company has set up a £15m fund to provide energy grants to small businesses including pubs, cafes, restaurants, hairdressers, shopkeepers, and charities that are crucial to communities and need help with energy costs.

Small businesses who are eligible for this support will be contacted by British Gas and don’t need to do anything to apply. Grant sizes will vary depending on the business need and will be paid throughout the next six months.

British Gas already has a £50m support package in place and has been providing grants up to £1,500 to residential customers in need since the start of the energy crisis.

Chris O’Shea, Chief Executive of Centrica, parent company of British Gas said: “This is the only supplier fund of its kind to provide some much-needed support to small business customers. We know these businesses are struggling with their energy costs right now and hope to offer some help in addition to Government support.

“We’ve already done more than any other supplier to help consumers through the energy crisis with cash grants and we are constantly reviewing our support to make sure it’s getting to where it is needed most. We recently announced an additional £10m of targeted support for pre-payment customers and continue to provide grants to those struggling with energy costs.”

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