Oireachtas Joint and Select Committees
Wednesday, 14 November 2018
Joint Oireachtas Committee on Climate Action
Third Report of the Citizens' Assembly: Discussion (Resumed)
1:59 pm
Mr. Robert Watt:
The renewable side is funded through the electricity system. It is funded by user charges and the PSO as appropriate. It is not directly funded by the Exchequer; the Exchequer does not have a role. Through the REFIT scheme there is a floor - a guaranteed price. There is a subsidy, but not direct Exchequer funding.