Ossian Smyth (Dún Laoghaire, Green Party) | Oireachtas source

I have answered the question several times. On 1 December, a large payment will be made. Approximately €300 million will be put into people's electricity accounts. Everybody who has an electricity account and has a property that was not vacant for a year will receive money into their account. We have already passed one windfall Act which takes money from those involved in oil refinery or gas extraction. That Act has collected €167 million in revenue already. That money is being used to defray the costs of electricity credits. This Bill will collect money on the last day of January 2024. That money will also be used to defray the costs of these electricity credits and other payments that are being made, for example, the once-off payments to people on fuel allowance and increases in payments to people who are considered to be in fuel poverty. The Deputy asked when people will see the benefit. They will see the benefit immediately starting from 1 December.

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