CABINET ministers will discuss proposals to provide emergency energy payments to all households in Ireland today when costs spiral out of control.
A memorandum will be sent to the Cabinet on Tuesday outlining the measures the government will take to reduce household energy bills and it is believed 100 euros will be deducted from one of the electricity bills. the first of the new year.
Proposals are under consideration for a €100 per household payment on a winter energy bill, likely due in January or February.
Treasury Secretary Paschal Donohoe and Public Expenditure Secretary Michael McGrath are working with Environment Secretary Eamon Ryan on the issue.
Ahead of profits TD Richard Boyd-Barrett says a more permanent measure is needed and calls subsidies “pathetic” when prices hit new highs.
NEED CAPITAL ON ENERGY PRICES
He said: “The €100 is absolutely pathetic given that people’s bills go up from 5 – maybe up to 800 € to 900 € – for the year.
“What the government should do is limit energy prices.”
Tánaiste Leo Varadkar last week said he expects electricity and possibly gas bills to drop “a little” in the new year under new government measures.
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He stated that the government is considering whether additional measures introduced by the European Union could be applied.
These are currently under review, he said. We definitely want to do something to help pay for our electricity and perhaps gas bills.
“We hope to be able to make a decision on that in the near future so that people will see the impact of that decision on bills received to be a bit lower than expected in the new year. ”
Prices are rising at their fastest pace in more than 20 years as November marks the 13th straight month of inflation with costs rising 0.6%.
Overall housing, electricity, water, gas and heating prices rose 12% on the year and just over 0.2% in November alone.
Electricity prices have increased nearly 5% on the month, up nearly 21% in 12 months, according to the figures.
https://www.thesun.ie/money/8067603/plans-take-100-off-electric-bills-discussed-cabinet/ Plan to reduce the electricity bill by €100 on the card because of the increased costs