Small firms should not pay the price of energy bills plan

The smallest businesses should not be excluded from plans to cap ‘rip off’ energy bills, according to the Federation of Small Businesses (FSB).

A price cap for the 17 million households on variable standard tariffs would deal a double blow to microbusinesses – these firms are the most vulnerable and so deserve protection.

Under today’s proposals, they would not only miss out on the help, but would see their bills rise to subsidise households.

FSB is urging all political parties to include a fair deal for microbusinesses in their plans to tackle energy bills.

FSB regional chairman Gordon Millward said: “The smallest businesses struggle just as much as consumers in getting a fair energy deal, and they should be included in any price cap regime.

“Instead of helping out those who need it most, a domestic cap would exclude vulnerable micro businesses.

They would face a double whammy, as not only would they miss out on help with their bills, but their bills would rise to subsidise domestic consumers.

“Three in five (61 per cent) small firms tell us energy is a significant cost to their business. The smallest businesses have much more in common with domestic consumers than big business, and have little time, expertise or purchasing power.

“They should not be excluded from a cap, or indeed forced to pay for price cuts for others – they should be treated in the same way as consumers.”

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