The President of the Clare branch of St Vincent De Paul is welcoming proposed government intervention over energy prices.
The government is considering imposing a levy on state-owned energy companies that are recording above average profits.
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It’s comes as Electric Ireland announced price cuts for businesses, but not households, following a drop in wholesale prices.
The Finance Minister Michael McGrath says a 5th energy credit is not being ruled out for later in the year and will be considered as part of Budget 2024 proposals.
Clare branch President Denis Carty says if a levy is introduced, he’d like to see the money go towards targetted measures to help the most vulnerable.
Listen back to the full interview below:
