+34
Levies and network charges on electric bills ‘deterring consumers’ from green choices such as heat pumps
Levies and network charges on electric bills ‘deterring consumers’ from green choices such as heat pumpsAn alliance of electricity companies and large energy users is asking the Government to address what it calls the “spark gap” – the disparity in gas and electric prices.
Ireland Electrified says levies, taxes and network charges added to customers’ bills means a unit of electricity costs almost three times more than a unit of gas. , say the price difference, which makes electricity 2.8 times dearer than gas, is deterring people from switching to electric heat pumps, boilers and cars.
“Even if a heat pump is three times more efficient than a gas boiler, consumers may still find it difficult to make the switch if electricity costs three times as much per unit as gas,” they say in a report published on Thursday. It was billed as effortless London luxury.
Then tenants found out the rulesPart of the price difference is due to charges added to bills to cover extra costs associated with expanding the electricity system. The group is calling for some of those costs to be met from general taxation rather than paid for by customers, saying a similar move in the UK is expected to shave £150 a year off an average electricity bill.
It also wants a flexibility bonus to reward households that shift their electricity use to periods when renewable generation is high. They say a similar scheme in Germany can save customers €110 to €190 per year.on electricity bills, from 9 per cent to 5 per cent, and to zero on fees for installation of heat pumps, batteries and other electric technologies.grant to second-hand cars, a scrappage scheme for older diesel and petrol cars when motorists buy an EV, grants for home battery storage systems and targeted grants for rural heat electrification.
Helen O’Sullivan, co-founder of Flex Power Solutions and chairperson of Ireland Electrified, said Ireland was spending €1 million an hour on imported fossil fuels, so electrification must be made more attractive.
“Electrification offers Ireland a clear path to lower energy costs, greater energy independence and a more resilient, competitive and low-carbon economy,” she said. “But to deliver this transition at the pace required, consumers must feel empowered to be part of building an energy-independent Ireland.
” The alliance’s report coincides with its conference in Dublin, which is to hear from Minister for Climate, Energy and the EnvironmentSeven things every graduate should know before they begin their first jobLaw may be changed to stop some childcare providers facing unexpected rates billsFour HSE regions to lose power over day-to-day spendingPatrick Bergin, co-star of Julia Roberts in Sleeping with the Enemy, seeks buyer for Offaly castleTrump pledges $5,000 for US citizens if Republicans win midterms during rambling speechBrent steady near $101 as Iran says it is prepared for intense war
Please follow us on Google to support usEnergia Bord-Na-Mona Irish-Rail Renewable-Energy Budget Vat Electric-Vehicles Darragh-O-Brien
Ireland Latest News, Ireland Headlines
Similar News: You can also read news stories similar to this one that we have collected from other news sources.
Dublin City Council Ends Clamping Service, Shifts to Tow‑and‑Fine EnforcementDublin City Council has terminated its partnership with Dublin Street Parking Services after nearly 30 years of clamping vehicles, awarding a €51 million contract to Apcoa Parking Ireland. The new model introduces geographically defined zones, a permanent patrol presence, and a greater focus on towing and penalties for illegal parking, with public complaints given top priority.
Read more »
Survey reveals major shortage of compliance and fraud prevention talent in Irish financial servicesA survey by the Compliance Institute shows that over half of financial firms in Ireland believe the sector is failing to develop sufficient compliance and financial crime talent, with 80% reporting that this skills gap is increasing regulatory and operational risks.
Read more »
Bord Gáis Energy Raises Prices by 10%: Household Bills Set to Soar by €300Bord Gáis Energy has announced significant price increases for both gas and electricity, set to take effect on October 9th. The supplier will raise gas prices by approximately 10.6% and electricity prices by around 9.1%, along with increases to daily standing charges. For a typical dual-fuel household, this represents a monthly increase of €26.42, amounting to nearly €320 annually. The company cites rising wholesale energy costs, network charges, and general inflation as the drivers behind these hikes. While acknowledging the burden this places on customers, Bord Gáis points to the global energy landscape and encourages those struggling to reach out for support. Consumer experts have noted that these increases compound an already high-cost environment, suggesting that while long-term solutions involve transitioning to renewables, immediate relief may require government intervention or individual energy conservation efforts.
Read more »
Bord Gais Energy announces price hikes for gas and electricity customersBord Gais Energy will increase its residential gas and electricity prices by 9.3% and 10% respectively from October 9th, citing global conflicts and rising network charges as the causes. The increases will add significant costs to household bills, despite the company offering the lowest gas standing charge in the market.
Read more »