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Dáil
‹ Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation

Business energy support scheme

Summary

Deputy Kerrane asked that oil be included in the temporary business energy support scheme for businesses facing sharp fuel increases. The Minister for Finance said oil could not be included because the scheme depends on electricity metering, though the scheme would soon open.

I wish to ask the Tánaiste about the temporary business energy support scheme. I understand it is still being designed. I was contacted by a business in Roscommon town that has been in existence for almost 30 years. It uses oil, not gas. We know that oil has increased in price by about 145% since January 2021, and oil is currently excluded from the scheme. This will no doubt impact other businesses in Roscommon, Galway and elsewhere. Will the Tánaiste ensure that oil is included in order that we support as many businesses as possible throughout the winter months and do not exclude businesses based on their energy usage?

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Paschal Donohoe Minister for Finance Fine Gael

I will take that matter, if I may. The Revenue Commissioners are responsible for the roll-out of the scheme, and I am working closely with the Tánaiste's Department on the design of the scheme. We hope we will very shortly be in a position to announce that the scheme is open. It is not possible for oil to be included in the scheme because we depend so much on the metering mechanisms available to monitor in particular the price of electricity, from which we then calculate the subsidy or support that will be available to businesses every month. We will in the time ahead look at the scheme and how it is operating and see if it is having the desired effect in supporting businesses and our economy. The scheme does not currently and cannot include oil, but we will look at the general level of support within our economy for businesses such as the one the Deputy has raised.

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