Seanad debates
Tuesday, 5 July 2022
EirGrid, Electricity and Turf (Amendment) Bill 2022: Committee and Remaining Stages
12:00 pm
Ossian Smyth (Dún Laoghaire, Green Party) | Oireachtas source
The Bill proposes to send the PSO levy directly into the utility accounts of the people and on to the bill as a credit of the electricity customers so they can use it for the whatever they want. It will not be the case that the Government will take the PSO levy money and use it as a loan. There will be a low-cost loan scheme for renewable energy, including solar panels and so on, later this year and that will be available to people who normally cannot get credit. That is in the works.
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