The scheme has been extended to 30 April, with a proposed further extension to May
The Temporary Business Energy Support Scheme has been extended to 30 April, with a proposed further extension to 31 May on the cards. Originally, the scheme had been due to end at the end of February.
Some changes to the TBESS have already been made, including, for claim periods from 1 March 2023 onwards:
- the €10,000 monthly limit on payments under the scheme has been increased to €15,000 per trade or profession carried on by a qualifying business
- the €30,000 limit has been increased to €45,000 per trade or profession in cases
Proposed changes to the TBESS, subject to state aid approval include:
- Extension of the scheme to 31 May
- Reduction of the energy costs threshold from 50 per cent to 30 per cent, with effect from 1 September
- Increase of the amount payable under the scheme from 40 per cent to 50 per cent of a business’ eligible costs for claim periods from 1 March
- Extension of the time limit for all claims to 31 July
Revenue will update the TBESS guidelines once state aid approval for these changes to the scheme is received.
Qualifying businesses can continue to make claims for the September 2022 to February 2023 claim periods. Revenue will advise businesses in due course when claims can be made for the March 2023 claim period.
Once state aid approval is received to revise the energy costs threshold, Revenue will automatically process claims using the revised 30 per cent threshold. Businesses will not need to amend claims that have already been submitted.
Eligible businesses can continue to register for the TBESS as normal. Find the full guidelines here.