Clarity 4 · Confidence 5 · Completeness 10
Business Industrial Competitiveness Scheme
The Business Industrial Competitiveness Scheme cuts electricity costs by up to £40 per megawatt hour for eligible manufacturing companies based in Tees Valley.
Run by Tees Valley Combined Authority
Checked against the official page (apply-for-bics.service.gov.uk) on 27 Oct 2026.
From 2027, BICS will reduce electricity costs by up to £40 per megawatt hour for eligible manufacturing businesses in the Industrial Strategy's growth sectors and foundational manufacturing industries that meet the relevant electricity intensity threshold. It also exempts eligible businesses from paying the indirect costs of the renewables obligation, capacity market and feed-in tariff.
These details are gathered from public web pages and are not financial advice. Check them with Tees Valley Combined Authority before you apply.
Could your business apply? Check in a few seconds
Status and deadline
Status
We could not tell whether it is open
Deadline
How much
Not confirmed on the official page
Who can apply
Confirmed on the official page
Business size
Sectors
Could your business apply?
Tell us about your business and an AI will compare it with this scheme's rules: what fits, what doesn't and what to check with Tees Valley Combined Authority. It takes a few seconds.
How to apply
Not confirmed on the official page
Where it is open: Tees Valley
Not confirmed on the official page
See everything open inTees Valley
Shaded: Hartlepool, Middlesbrough, Redcar and Cleveland, Stockton-on-Tees, Darlington.
Drawn from the areas the funder names. If a scheme is only for part of a council area, check its own page. Boundaries from the Office for National Statistics.
- Confirmed on the official page
- Uncertain, or sources disagree
- Important, but we could not find it
Things we could not confirm
- Start date given only as 2027; no opening or closing dates stated
- No application route stated; page ends with 'Are you looking to find out more information?' with no link
- Whether a business can apply itself or is only eligible through a qualifying tariff or threshold is not clear
- Amount is a reduction in electricity costs per megawatt hour, not a grant or payment
Have you used this scheme?
Rate it to help other businesses decide whether it is worth their time. Once 3 businesses have rated it, their ratings move its Local Landscape rating up or down a little. We never show who gave a rating. How ratings work
You need a free business profile to rate it. Make your profile, or sign in if you have one.
Related open schemes in Tees Valley
- UKSE business loans
Loan · £35,000 to £200,000 · Open all year
- UKSE equity investment
Investment · £35,000 to £1,000,000 · Open all year
- The Freelancer Network
Support programme · Open all year
- SWEF Business Grant
Grant · £500 to £2,000 · Open all year
- Digital Edge (Level 4 Non-Regulated Advanced Digital Marketing)
Support programme · Open all year
- Mercia Capital equity investment
Investment · £100,000 to £2,000,000
More from Tees Valley Combined Authority
- Teesside Flexible Investment Fund
Loan · £100,000 to £2,000,000 · Open all year
Source and last checked
Local Landscape gathers this information automatically from the pages below, then checks the key details against the official page. Checked against the official page (apply-for-bics.service.gov.uk) on 27 Oct 2026. Its details have not changed since it was listed on 27 Oct 2026. No person has checked it, so confirm the details with Tees Valley Combined Authority before you apply.
Run this scheme? Claim Tees Valley Combined Authority's page to keep it right.
- apply-for-bics.service.gov.uk/startthe official page, checked automatically, read 27 Oct 2026
- teesvalley-ca.gov.uk/business/business-support/business-industrial-competitivenevia Tees Valley Combined Authority: finance and funding directory, read 27 Oct 2026
- teesvalley-ca.gov.uk/business/business-support-directory/via Tees Valley Combined Authority: finance and funding directory, read 27 Oct 2026