Dáil Éireann Debate, Tuesday - 11 July 2017
654. Deputy Brian Stanley asked the Minister for Communications, Climate Action and Environment the cost to increase the grant for electric vehicles in each of the band amounts by €1,000, €2,000 and €3,000, in tabular form. [32991/17]
Amharc ar fhreagraI refer the Deputy to the reply to Question No. 497 of 4 July 2017.
That reply stated that 638 Electric Vehicles (EVs) were supported under the EV Grant Scheme in 2016. On that basis, it is estimated that increasing each grant by €1,000 per vehicle, for the same number of vehicles, would cost an extra €638,000 while increasing each grant by €2,000 would cost an additional €1.276 million. Increasing each grant by €3,000 would add an estimated €1.914 million to the total spend under the scheme.
Since the beginning of 2017, almost €2.2 million has been spent to support the purchase of 456 new electric vehicles, and my Department expects a similar number of EVs to be grant aided for the remainder of this year. Therefore, using an estimate of 900 EVs supported for the full year at a cost of 4.3 million, the three scenarios would add €0.9 million, €1.8 million and €2.7 million, respectively to the cost of the scheme.
The projected cost of the three scenarios outlined in 2016 and 2017 are set out in the following table.
|
Year |
No. of EVs supported |
Amount in Grant Aid paid |
Estimated total cost of €1000 extra grant aid per EV |
Estimated total cost of €2000 extra grant aid per EV |
Estimated total cost of €3000 extra grant aid per EV |
|
2016 |
638 (actual) |
€3,038,800 (actual) |
€3,676,800 |
€4,314,800 |
€4,952,800 |
|
2017 |
900 (projected) |
€4,300,000 (projected) |
€5,200,000 |
€6,100,000 |
€7,000,000 |
