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Committee on Budgetary Oversight: Temporary Supports for Business: Discussion (14 Feb 2024)

...supply of electricity and natural gas. Originally, to be eligible to make a claim, a business had to demonstrate that the average unit price for electricity or gas on the relevant bill had increased by 50% or more as compared to the average unit price in a reference period in addition to satisfying a number of other conditions. Once eligible, the business was entitled to claim a payment...

Committee on Budgetary Oversight: Temporary Supports for Business: Discussion (14 Feb 2024)

...in respect of increased energy costs relating to the period from 1 September 2022 to 31 July 2023. The time limit for making a claim under the scheme expired on 30 September 2023. At the end of December 2023, just over 25,300 businesses had availed of the scheme with an associated cost to the Exchequer of €153.8 million. The debt warehousing scheme was introduced in May 2020 to...

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