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Enhancements to TBESS

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By Chamber Press Office, 04 May 2023

A number of enhancements have been made to the Temporary Business Energy Support Scheme (TBESS).

The enhancements are as follows:

  • the extension of the scheme to 31 May 2023
  • an increase in the monthly limit on payments 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 qualifying business
    • the €30,000 monthly limit has been increased to €45,000 per qualifying business in cases where the qualifying business operates across multiple locations.
    • a reduction of the energy costs threshold from 50% to 30%, with effect from 1 September 2022
    • an increase in the Temporary Business Energy Payment (TBEP) amount from 40% to 50% of a business’ eligible costs from 1 March 2023 and;
    • an extension of the time limit for all claims to 31 July 2023.

More information is available here.

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