What could BICS actually mean for your business? We look at practical examples of UK manufacturers, different electricity costs and products, and how BICS could deliver significant savings – while explaining why eligibility isn't always as simple as it first appears.
The first BICS application deadline is approaching – and the first year could be particularly valuable. Eligible manufacturers could benefit from ongoing electricity cost savings, plus an additional payment relating back to April 2026.
The Government has confirmed the eligible activities for the British Industrial Competitiveness Scheme (BICS). We look at what the latest eligibility position means for UK manufacturers and how businesses can begin preparing for the scheme.
Applications open October 2026, prepare now.
If you would like to discuss how BICS may affect your business, and assess eligibility, please do get in contact.
