Dáil debates

Thursday, 27 April 2023

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation

 

12:40 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

I appreciate the Deputy's concerns as to the high electricity costs in Ireland, particularly arising from the impact of the war in Ukraine.

We did bring in significant intervention measures over the last 12 months to try to cushion somewhat the blow on households and consumers. The windfall tax is progressing in respect of the levies on the excess profits made by companies during this crisis. This revenue would then be channelled back to consumers and households, in particular. The measures we took are applicable right up to the current month. We will then have to look at the overall situation in the round come the autumn in respect of the cost of living and the impacts on people-----

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