Cut costs with the British Industrial Competitiveness Scheme

Eligible manufacturers could cut their electricity costs by up to 25% through a new government scheme. Check whether your business qualifies and apply by 30 November 2026.

The British Industrial Competitiveness Scheme (BICS) could help eligible manufacturers across Great Britain reduce their electricity costs and support investment, growth and job creation.

As a flagship measure of the Modern Industrial Strategy, BICS could cut electricity costs by up to 25% for more than 10,000 manufacturing businesses. Eligible businesses that apply by 30 November 2026 can receive support from April 2027.

Check your eligibility and apply:

• Use the BICS eligibility checker to see whether your manufacturing site should qualify.
• Read the guidance for applicants for more information about the scheme.
• Apply for BICS by 30 November 2026.

You can also join the BICS Last Chance to Apply Business Update webinar on Tuesday 17 November for practical information before the application deadline.