Irish households have received three lump sum credits to the value of €200 each, totalling €600
. These payments were made between November 2022 and April 2023. In the Government’s €1.3 billion cost-of-living package announcement earlier this year Taoiseach Leo Varadkar said a further €200 energy credit would not be issued over the summer months.
However, he said there may be an option to reintroduce the credits again in the winter months but this would depend on the cost of electricity at the time.Taxback’s survey, which polled 2,000 taxpayers, found that just 10 per cent of people believed the energy credits should not be reinstated.
A further fifth of taxpayers said that energy companies now need to step up and reduce prices for households and business. “Everyone is feeling the pinch as rising costs are making it ever-more expensive to heat homes, do the weekly shop and fill the car with fuel,”“The weather is improving slightly as we move towards the summer months however, his doesn’t have an immediate impact on people’s finances. People are only receiving their winter or early spring bills now and recent price hikes are filtering through.
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