Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
HOUSEHOLDS WILL RECEIVE €450 in energy credits over the coming winter months as part of today’s budget.
All households will receive three credits of €150 each between the end of this year and next April.
Meanwhile a €300 lump sum payment will be made to recipients of the Fuel Allowance in the last quarter of this year.
On top of this, an additional €200 will be paid to recipients of the Living Alone Allowance.
The move was announced today by Minister for Public Expenditure and Reform Paschal Donohoe as part of Budget 2024.
Donohoe said he is conscious that “many people listening today are concerned about rising costs and particularly the challenges of heating and lighting their homes this winter”.
Today’s announcement is the third round of energy credits announced by government since prices spiked in 2021.
In last year’s budget, households were given energy credits worth a total of €600.
Meanwhile, it was announced today by Minister for Finance Michael McGrath that the temporary reduction in the VAT rate on gas and electricity (from 13.5% to 9%) will remain in place for another 12 months.
According to Minister McGrath this will save consumers an additional €90 for those on electricity and those who use gas will save an additional €62 during the 12-month extension.
Minister @mmcgrath has today announced an extension of the temporary reduction in the rate of VAT from 13.5% to 9% on the supply of gas and electricity for a further 12 months.
— Department of Finance (@IRLDeptFinance) October 10, 2023
These reductions will remain in place until 31 October 2024. #Budget2024 pic.twitter.com/NXMhFovzti
Electricity and gas prices remain high despite recent announcements of price cuts by some of the main suppliers.
However much of these reductions, do not come into effect for customers until November.
Last month, Taoiseach Leo Varadkar said energy companies must reduce their prices further coming into winter.
You can find full details of today’s Budget announcement in our roundup here.
To embed this post, copy the code below on your site
The things people get compo for and then there’s this! Just give them the money and let them have a bit of comfort fgs
@Patricia Ellis Dunne: Yes, these women do deserve compensation. Last week a survivor of clerical abuse was hospitalized after going on hunger strike in protest at the trauma inflicted on survivors by Caranua, the state redress authority. When are FF-FG going to start to treat these people as decently as they claim to treat them when they’re giving speeches in the Dail?
Wouldn’t be like the State to do something like that at all now would it!? Sometimes I really really dislike this country.
@Arnold Alley: I can’t disagree with that, I really meant Official Ireland to be honest
How thoroughly Christian of them.
And the church’s marketing team has just pulled off ‘Red Wednesday’ where cathedrals around the world are lit up in red in aid of “justice and victims of suffering”. Practice what ye preach ye hollow, defunct crowd of hypocrites.
Rants McCrank:The decisions to deny redress was done by the organs of our State in our name ,we are all responsible.
@Brian O Reilly: no we are not all responsible. I did not abuse or ill treat anyone and I don’t see why me and my children, through borrowed money for compensation, should have to pay. Your decision and opinion to centralize the liability for all wrongdoing to all citizens is a dream for the legal profession.
@Ranty McCrank: Its a pity the fathers can’t be found and the pensions/estates used to fund this. Remember when lovely auld Johnny dies and leaves the house to Mary & Paddy but unknown to them Jimmy is being denied a share.
@lavbeer: Presumably he would have a will leaving it to who he wants.
So 27 people would get on average a € 82,000 payout,which = 2.214 m
Around 2 million Irish people are paying taxes
That means it will cost me about €1
I’m livid at that loss..How will I cope!!
@Francis Mc Carthy: That’s for this incident alone and 27 people. They are all adding up and increasing in payment amount. If the 1 in 4 stat for abuse is true then 1.25 million people could claim for “redress”. That is €102 billion. Indeed how will we cope. We truly are a failed state with no true leadership. All divided and fighting for scraps.
So who will be Who’s redressing them? Dumped in the taxpayer again? Decisions like this to garner votes from lobby groups may please those members but the working people remember the politicians that are making innocent workers financially liable for the grave misconduct of others.
Why can’t the state sue the Vatican. To get the compensation money back? The way it is. it’s the taxpayer paying the compo!
The DJE is an appallingly bad and oppressive Government Department. It is a law unto itself.
Kudos to the Ombudsman for standing up to Fine Gael on this one.
Stop the prevarication and cough up the dough.
That’s what happens when you combine corruption, nepotism, cronyism, ineptitude and a blatant lack of any kind of morals or dignity!
Shameless crooks running the Banana Republic of Ireland but people care more about the soccer team getting hammered by the Danes!
Its kind of hilarious these days the way women come out with these #metoo stories about how a man grab their arse or tits and the whole world cries for them while the mans career is ruined. meanwhile people have been screaming from the roof tops for decades about the abuse the catholic church carried out in this country and there’s hardly a word about it and 0 justice
@Alfred Pennyworth:
Just do not forget that many a woman’s life was ruined because the fathers of their children abandoned them and that is why they ended up in these awful Laundries. It is the State that is now denying these women the compensation that they deserve to get without delay so they can at least feel that their suffering will be recognized. But no the State could not wait to give the Banks who ruined the country Shedloads of money but they make the women beg for the crumbs .
Flannagan reminds me of Noonan when he dragged dying people into court in the attempt to save the state money and cover up a deadly mess in the blood transfusion scandal.
@Donal Desmond: this happened long before Flanagan became Minister. Get a grip. It’s a review of an administrative scheme.
have your say