Previously, the energy bill relief scheme for businesses only applied to any company which has signed an energy contract from April 1.
Unlike the two-year household cap, the business version of the scheme is only scheduled to last for six months until the end of March 2023.
Martin McTague, chair of the Federation of Small Businesses, told the Financial Times the move would help “those small firms who locked themselves into contracts just as energy prices originally rose.
Read more at smallbusiness.co.uk