Your trusted adviser for R&D Tax Credits, Creative Tax Relief, and R&D Grants
Your trusted adviser for R&D Tax Credits, Creative Tax Relief, and R&D Grants
UK manufacturers can reduce their electricity costs through a group of government incentive schemes designed to protect industrial competitiveness.
A typical UK industrial electricity bill of around £220 per megawatt hour includes roughly £35 of policy costs: charges that fund renewable generation, legacy feed-in tariffs and grid capacity.
These costs exist for good reasons, but government has recognised that they fall disproportionately on energy-intensive manufacturers who compete internationally against businesses that do not carry the same burden.
Energy Relief Vault, powered by Myriad, brings the same evidence-led approach we've spent over 20 years applying to R&D tax credit and grant claims to this group of incentives, combining a guided digital process with specialist review of the judgement calls software cannot make.
A new scheme removing the indirect costs of the Renewables Obligation, Feed-in Tariffs and Capacity Market from eligible manufacturers' electricity bills, worth up to £40 per MWh.
The Climate Change Levy adds a per-unit tax to business energy bills. Certain uses, processes and sectors qualify for full or partial exemption.
Energy-intensive sectors that commit to agreed efficiency or emissions targets can receive a substantial reduction in their Climate Change Levy rate.
Targeted support for the UK's most energy-intensive, trade-exposed industries, combining exemptions from multiple policy costs with compensation for network charges.
Energy Relief Vault takes the effort out of your energy relief applications, giving you time to focus on what matters to your business.
Software for the repeatable work, specialists for the judgement calls. Our platform structures data collection, validates bills and flags gaps automatically. Where a decision requires expert judgement, a specialist reviews it before anything is submitted on your behalf.
No upfront fees. You pay nothing to find out what you could be owed, and every estimate we provide is clearly labelled as indicative until it has been verified.
British Industrial Competitiveness Scheme applications close on 30 November 2026, and the evidence involved (six months of electricity bills, meter details, production records) takes time to gather.
The other schemes are not going anywhere, but BICS has a hard deadline. Energy Relief Vault is there to support you through this tight turnaround. Upload your energy bills to the secure platform and get your fully reviewed application back.
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