Oireachtas Joint and Select Committees

Thursday, 24 March 2022

Public Accounts Committee

Sustainable Energy Authority of Ireland: Financial Statements 2020

9:30 am

Mr. Declan Meally:

First, every car for which we provided the €5,000 grant is a benefit to the State, as it is one less car that is petrol or diesel. The State is getting the benefit of that. Any of the cars that were incentivised above the limit in the early days were a benefit to the State. It is good value in terms of the emissions reduction and the reduction of the fleet of petrol and diesel vehicles. The cap of €60,000 is constantly reviewed and we consider whether it needs to be reduced. For anybody who is considering buying a car, there are still lots of SUVs and other cars that are being bought in the €50,000 to €60,000 range. We are trying to incentivise as many people as possible to purchase an electric car and to get them into the fleet. That is what we are working on with the Minister and the Department to ensure that the €5,000 grant is going to result in getting as many cars as possible.

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