Oireachtas Joint and Select Committees
Wednesday, 5 October 2022
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Update on Quarters 1 and 2: Discussion
Marie Sherlock (Labour) | Oireachtas source
In regard to the new TBESS there is obviously quite a significant subsidy now to businesses for their energy bills, and rightly so. In the context of these significant subsidies, whereby if a company's energy bills double it may get 20% of the bill paid and if it trebles it will have 26% of the bill paid, is the Minister comfortable that a company could still enforce wage cuts or redundancies, or as was referred to earlier, pay dividends while still in receipt of these significant subsidies from the State for their energy bills?
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