BUS Monthly Scheme Update

Reports, plans and updates

Publication date

Industry sector

Supply and Retail Market

Scheme name

BUS

As per our responsibility to publish reports on how the BUS is operating, please see the statistics below. They relate to the period from 23 May 2022 to 31 March 2024.

For a full description of the steps a BUS application goes through in order for a BUS voucher to be issued, a BUS voucher to be redeemed and a BUS grant to be paid, please refer to the BUS Installer Guidance.

Voucher applications received 37,879
Number of BUS vouchers issued 26,532*
Total value of BUS vouchers issued £158,775,000
Voucher redemption applications received 24,096**
Number of vouchers redeemed 23,871
Total value of grants paid £138,905,500
Budget spent in Year 1 (23 May 2022 - 31 March 2023) £50,084,000
Budget spent in Year 2 (1 April 2023 - 31 March 2024) £88,821,500
Remaining budget for Year 3 (1 April 2024 - 31 March 2025) £124,096,500

* this figure does not include vouchers that were issued but have since expired or have been revoked/withdrawn.

** this figure does not include voucher redemption applications that have since been revoked/rejected/withdrawn.

 

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