Christopher O'Sullivan (Cork South West, Fianna Fail) | Oireachtas source

The Europe-wide windfall tax represents another opportunity to reduce costs for both households and businesses. This tax will be levied on energy companies that provide low-carbon and low-emissions energy. I have heard figures of between €2 billion and €3 billion for Ireland alone out of the entire pot. That is a significant pot to use to cushion the blow for businesses and households, but the latter especially. When can we expect to see the benefits of the windfall tax? When can we expect to see the revenue distributed to the households that will badly need it in January and February, when it will still be cold, and to businesses? Some businesses are very appreciative of the temporary business energy support scheme but feel more may need to be done in future months. Can we see the windfall tax revenue distributed?

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