Donohoe and Chambers rule out energy credits in Budget 2026

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Donohoe and Chambers rule out energy credits in Budget 2026
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In the Dáil, Sinn Féin’s David Cullinane said “on average, people are paying a whopping €1,779 per year for electricity and €1,503 per year for gas”

Finance Minister Paschal Donohoe and Public Expenditure Minister Jack Chambers have effectively ruled out energy credits in the next budget.

Electricity prices are 61 per cent higher now than in December 2020, while gas prices are 90 per cent higher. In the Dáil, Sinn Féin’s David Cullinane said this meant “on average, people are paying a whopping €1,779 per year for electricity and €1,503 per year for gas”. “Those payments were made available at a time in which inflation was at 5 per cent, 10 per cent and 15 per cent. “They were made available across a world that is very different to today.

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