Clare’s Green Party senator claims “quick fix” electricity credits are a short-term solution which do not meaningfully address the cost-of-living crisis.
It comes amid reports that at least one €200 electricity credit will be included in Budget 2024.
With the colder and darker months fast approaching, households once again find themselves forced to use more energy which leads to considerable financial strain.
This week, Pinergy became the first energy provider to announce that it was cutting its standard electricity prices, with its 9.5% reduction expected to save its customers €220 annually and other energy companies expected to soon follow suit.
Last year, the government applied three energy credits totalling €600 to household electricity bills as a means of easing the burden of soaring energy prices on the consumer.
However, with the majority of energy providers yet to announce any reduction in costs, many people feel the government must implement stronger measures to assist households with their electricity bills.
With budget negotiations well underway, it’s believed that at least one €200 electricity credit will be granted to households as the government decides how to spend its €12 billion surplus.
Inagh Green Party Senator Roisin Garvey believes the issuing of electricity credits does not get to the heart of the cost-of-living issue.
You can listen to the full interview below.
