Peadar Tóibín (Meath West, Aontú)
Link to this: Individually | In context | Oireachtas source

144. To ask the Minister for Environment, Community and Local Government the steps his Department is taking to reduce the cost of electricity. [49292/25]

Darragh O'Brien (Dublin Fingal East, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

The Government has made a number of important commitments in respect of addressing the continued high cost of energy. The Programme for Government acknowledges the increased energy cost pressures on households and businesses and commits to bringing forward taxation measures to help contain energy costs.

Government approved an extension of the 9% VAT rate currently applied to gas and electricity by a further six months to October 2025 at an estimated cost of €85 million with the net benefit to households from 1 May to 31 October being approximately €26.60 with respect to electricity and €20.28 with respect to gas. This is traditionally 13.5% but has been 9% since 2022 in response to the energy price crisis.

In June 2025, my Department established the National Energy Affordability Taskforce to identify, assess and implement measures that will enhance energy affordability for households and businesses while delivering key renewable commitments and protecting security of supply and economic stability.

A key output of this Taskforce will be to develop an Energy Affordability Action Plan which will identify a comprehensive range of solutions including demand-side solutions for households to allow them to adjust their energy demand and avail of low-cost renewable energy.

Taskforce members are currently working to finalise an interim report, which will set out measures for consideration as part of the Budget 2026 process.