Skip to main content
Normal View

Energy Prices

Dáil Éireann Debate, Monday - 11 September 2023

Monday, 11 September 2023

Questions (143)

Colm Burke

Question:

143. Deputy Colm Burke asked the Minister for the Environment, Climate and Communications what measures the Government will take to support individuals with the cost of energy going forward; and if he will make a statement on the matter. [38528/23]

View answer

Written answers

The Government recognises the significant impact the rise in energy prices is having across Ireland and has taken decisive action to support families and businesses to pay their bills. Budget 2023 introduced €2.5 billion in once-off measures to support households with the rising cost of living. This included an Electricity Cost Emergency Benefit Scheme through which €600 was credited to each domestic electricity account, in three payments of €200 between November 2022 and April 2023. The cost of this assistance was over €1.2 billion, bringing the total amount paid to directly assist consumers with their electricity bills to €1.5 billion. In February, the Government brought forward further measures to help social protection recipients from April to July and extended the reduced VAT rate on electricity and gas bills until October 2023. 

The Government is continuing to monitor the effect of existing supports, completing the implementation of the Energy Poverty Action Plan, and exploring further measures to support consumers in the context of Budget 2024. The Government is also committed to a long-term strategy of protecting Irish consumers from volatility in international energy markets and reducing prices by investing in renewable energy and energy efficiency, and through deeper integration with the European energy market.

My Department is also conducting a spending review of household energy budget supports during Winter 2022/23 with the Irish Government Economic and Evaluation Service and the Department of Public Expenditure, NDP Delivery and Reform in order to provide an evidence base for policy making ahead of Budget 24.

Top
Share