No legislated pathway to move legacy policy levies off electricity bills for everyone outside BICS

UK industrial electricity prices sit among the highest in the developed world, roughly 50 per cent above France and Germany and up to four times US levels. From April 2027 the British Industrial Competitiveness Scheme exempts roughly 7,000 to 10,000 manufacturers from Renewables Obligation, Feed-in Tariff and Capacity Market levies, cutting bills up to 25 per cent. SMEs, commercial users, data centres and households keep carrying the legacy levy costs, which penalises exactly the electrification growth depends on. No statute schedules rebalancing these costs to general taxation or to gas.

Energy cost is the top stated business concern and a first-order cause of industrial decline and datacentre offshoring. BICS is a carve-out that entrenches a two-tier price, and the electrification penalty for the rest of the economy stays untouched.

A statutory levy-rebalancing schedule moving legacy renewables costs to the Exchequer or onto gas over a fixed timetable, extending BICS-scale relief economy-wide. It is a fundable Treasury and DESNZ legislative project with published fiscal costings.

// State-led: Instrument: statute scheduling RO/FiT levy transfer to Exchequer or gas over fixed timetable.

High industrial power prices drive offshoring, BICS shields only large manufacturers from April 2027, and no legislated rebalancing timetable exists for anyone else.