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Business Supports

Dáil Éireann Debate, Thursday - 23 November 2023

Thursday, 23 November 2023

Ceisteanna (191)

Mairéad Farrell

Ceist:

191. Deputy Mairéad Farrell asked the Minister for Finance the number of companies with a registered address in Galway that availed of temporary business energy support scheme; and the value of the total value of support received; and if he will make a statement on the matter. [51477/23]

Amharc ar fhreagra

Freagraí scríofa

The Temporary Business Energy Support Scheme (TBESS) was introduced to support qualifying businesses with increases in their electricity and natural gas costs over the winter months of 2022-23 arising from the Russian invasion of Ukraine. Finance Act 2022 (as amended) made provision for the TBESS. The scheme fell within the terms of the EU Temporary Crisis and Transition Framework.

The scheme ran from 1 September 2022 to 31 July 2023, and the final deadline for eligible businesses to submit claims for relief was Saturday, 30 September 2023. The scheme is now closed.

€9.06 million was paid out to 1,442 businesses in Galway, with over €150.5 million paid out to 25,132 businesses across the country.

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