Oireachtas Joint and Select Committees
Tuesday, 30 August 2022
Joint Oireachtas Committee on Climate Action
Energy Supply and Security: Discussion
Eamon Ryan (Dublin Bay South, Green Party) | Oireachtas source
One of the benefits, which will only shade a certain percentage of the increase, is the fact that our PSO is becoming negative. A direct credit of €80 or €90 is going back into every bill. As Senator Boylan noted, this means we are heading towards a negative PSO and are actually saving householders money because of the presence of renewables. However, this will not cushion the blow because the scale of the gas price increase is beyond compare.
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