The British Industrial Competitiveness Scheme (BICS) aims to reduce electricity costs for manufacturing frontier industries within the Industrial Strategy’s growth sectors (the IS-8), and foundational manufacturing industries which provide key inputs to the frontier industries, who meet the relevant electricity‑intensity threshold.
Eligible businesses are to be exempt from paying the indirect costs of the Renewables Obligation and Feed-in Tariffs from April 2027 and the Capacity Market from October 2027.
This consultation seeks views on the proposed regulatory changes being made to give effect to BICS and how the UK Government propose the scheme be delivered.
The consultation closes at 11:59pm on 14 May 2026.
For further information you can register for the following BICS webinars for:
- Suppliers, 30 April 2026 – A webinar that will focus on the proposed regulatory changes and delivery arrangements. To book your place please select the following link: Microsoft Virtual Events Powered by Teams.
- Businesses, 12 May 2026 – An update on the latest developments and timelines for the BICS. To book your place select the following link: Microsoft Virtual Events Powered by Teams.