Advertisement
News

Over 2.2 million households to receive 200 Euro electricity credit payment from tomorrow

Dec 31, 2022 08:53 By Shannonside News
Over 2.2 million households to receive 200 Euro electricity credit payment from tomorrow
Share this article

Over 2.2 million households will receive the next 200 Euro electricity credit payment from tomorrow.

Depending on a household’s billing cycle, people will benefit from the credit during January or February.

This is the second of three €200 electricity credits announced as part of a suite of measures under Budget 2023 to deal with the cost of living crisis.

Advertisement

The first €200 credit was applied before Christmas as part of the November/December billing cycle.

The third credit will apply in the March/April billing cycle amounting to a total of €600.

This €600 payment will ultimately cost the State over €1.2 billion.

Advertisement

This is part of a broader €4.1 billion package of one-off measures that was announced in Budget 2023.

The increase in energy prices is primarily being blamed as a result of Russia’s invasion of Ukraine.

Share this article
Advertisement
Advertisement

Shannonside Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.

Copyright © 2024 Shannonside FM. Developed by Square1 and Powered by PublisherPlus