Oireachtas Joint and Select Committees
Wednesday, 16 November 2022
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Business of Select Committee
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
We do not have the unit price information with us but I will get it and share it with the Deputy. The key feature in this scheme versus the cap argument we had earlier is the presence of a cap; that is the key design feature. The reason I can say we are making efforts to contain the cost is that we have a cap per individual premises on this. That is the key difference between this scheme and some other schemes that are being suggested. It is being suggested that we have a cap per business and per connection point of €10,000. If that does not enable us to be confident about the exact detail of the cost, at least it gives us a degree of certainty that we will be in a position to contain the costs for businesses. We anticipate that approximately 400,000 enterprises may meet the criteria for the scheme.
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