If your business consumes large volumes of energy, the Energy-Intensive Industries exemption scheme could help you to remain competitive in a global market. When a company qualifies for the scheme, it can claim an exemption of up to 85% of its Contract for Differences (CfD), Renewables Obligation (RO), and Feed-in Tariff (FiT) costs
There are multiple criteria for the EII exemption scheme, all of which must be met. Your business could qualify if the following apply:
• Being in an energy-intensive sector
• Prove that your electricity costs amount to 20% or more of your Gross Value Added over a specific period
• Prove that the business is not experiencing financial difficulties
• Provide at least two quarters’ worth of financial data
• Highlight how much of the electricity used goes on activities that would apply for the exemption