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Government promising more ener...

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Government promising more energy cost supports in budget

Jonathan Duane
Jonathan Duane

11:22 26 Jul 2023


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The Government is promising further supports to deal with high energy costs as part of next year's budget.

Taoiseach Leo Varadkar says supports for households and businesses will be announced as part of a cost of living package to be announced in October.

Energy bills remain high, as falling wholesale prices aren't yet being passed on to consumers.

Energy Economist at the ESRI, Muireann Lynch, says ministers could opt for a more targeted approach compared to universal measures introduced last year:

"If you want to kind of focus heavy on the tax and benefits system to give supports to households, then that actually is the best way to target lower income households but of course it does nothing to bring the bill down directly." 


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