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. Derek Moran:

It was very trivial.

On the impact on households, the energy costs for the lowest-income households went up by about 2.9%, and by about 4.5% for the highest-income households. The effect on net income was such that those in the lowest category saw their income drop by about 0.7% and the highest by about 0.3%. That defines the space one has to address and mitigate. The mitigation would have to be at the lower end. One is generating revenues that permit one to do this, however.