nuclear-news

UK small businesses and charities say nuclear levy could add thousands to bills.

Charge from next month expected to have disproportionate impact after energy-intensive industries given exemption.

Jillian Ambrose  Guardian, 13 Oct 25

British charities and small businesses have warned that a new levy on energy bills, intended to support the government’s nuclear power ambitions, could raise their costs by thousands of pounds a year.

The extra charge could mean a significant cost hike for charities and small businesses with high energy use, meaning community services may be cut and economic growth curtailed, according to trade groups.

For most charities, the levy, which takes effect in November, will mean an increase in costs of between £100 and £240 a year, but some could experience increases of up to £2,500, according to Social Investment Business, an organisation that offers loans and financial support to charities.

Nick Temple, the chief executive of Social Investment Business, said: “Adding yet more charges on top of charity electricity bills penalises our most vital community spaces at a time when they are already struggling.”

For small business, including those in hospitality, the extra costs could undermine growth in the UK economy and make the shift from fossil fuels to low-carbon electricity more expensive, according to trade associations.

The levy is designed to pay back investors in the Sizewell C nuclear project in Suffolk while the power plant is under construction.

Households can expect the levy to add about £12 a year to their energy bills, but organisations with high energy use will shoulder a greater cost burden. This will have a disproportionate impact on smaller businesses and charities with high energy demands because energy intensive industries such as steel, cement and glass-making have been granted exemption.

A Bristol-based community arts organisation, Spike Island, has been told to expect a hike of £1,ooo a year from the nuclear levy alone. The company, which provides subsidised studios for underrepresented artists, expects the extra costs to put a strain on its work……………………………………………………..

Business groups have also said that the costs are a “huge concern” for smaller companies, which they say will be forced to carry a disproportionate cost burden because larger companies were given exemptions………………………………………………………. https://www.theguardian.com/business/2025/oct/12/uk-small-businesses-and-charities-say-nuclear-levy-could-add-thousands-to-bills

October 14, 2025 - Posted by Christina Macpherson | business and costs, UK