TBESS will assist businesses with electricity and natural gas costs.
A scheme to assist businesses with their energy costs during the winter months kicks in today.
The government's €1.2 billion Temporary Business Energy Support Scheme was approved by the European Commission yesterday.
TBESS will assist qualifying businesses with their electricity and natural gas costs from 1 September 2022 to 28 February 2023.
Businesses that qualify will get up to 40 per cent of the additional costs they are facing.
JP McMahon, a Galway chef and restaurateur, says businesses are really struggling with rising costs.
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