Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

We are speaking about the price of energy. One of the core aspects of that is the fact electricity is priced at the wholesale price of gas in the European market. Discussions are taking place on this at European level. What form does the Minister expect the tax on the windfall gains of the energy companies above their cost of production to take? How quickly does he expect a decision to be taken and in what form will it come to the Government? Will it be in the form of a fund we receive from Europe and, if so, how quickly will we be able to disburse it to hard-pressed households and businesses? Or will it come in the form of a reduced electricity charge when users get their bills? I am asking about the form and timeframe of the support. People are under huge pressure and we are looking at a myriad of issues here in terms of costs. There are energy companies producing electricity at a fraction of the cost they are charging-----

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