Oireachtas Joint and Select Committees

Wednesday, 25 May 2022

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Withdrawal from Irish Banking Market (Resumed): Engagement with Financial Services Union and Electric Ireland

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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Okay. I have a final tangential question. Customers of Electric Ireland receive their bills and the energy credit that was passed through the Houses of the Oireachtas. We have had a number of queries about how Electric Ireland is applying the credit so could I get clarification on that? Is the VAT being applied to the bill charge before or after the deduction? If it is applied before the deduction, customers would pay €24 more on a €300 charge than if it occurred after the deduction.