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Essentially private sector enterprises falling within the following definitions:
- England and Scotland
SMEs and also enterprises with annual electricity spend of less than £500,000
- Wales and Northern Ireland
Any sized enterprise, which includes SMEs & enterprises with annual electricity spend of less than £500,000
Enterprises need to have been trading for at least 12 months and have an acceptable credit rating.
The EU definition of an SME is an enterprise with:
1) Less than 250 full time equivalent employees
2a) Less than €50m Turnover (approximately £43m) and / or
2b) Less than €43m assets (approximately £37m)
3) No controlling interest of more than 25% by a non-SME (i.e. it is part of a larger organisation).
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