Thursday, 29 September 2022
Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation
Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source
We have to legislate for it first and get State aid approval. It will be back-dated to September. We anticipate we can legislate, get State aid approval and have the scheme up and running by the end of the November. That is when people will get the payments and we will back-date them to September. It is open to any business that has seen an increase of 50% or more in the unit cost of energy or gas. It is not the total bill, it is the unit cost of energy or gas comparing the billing period this year with that of last year. Almost all businesses will qualify. A very small number are on a very low long-term tariff but that is not the norm. Almost all businesses will qualify and will be able to claim up to 40% of the increase up to a maximum of €10,000 per month per business.