Government Electricity Costs Emergency Benefit Scheme
The Electricity Costs Emergency Benefit Scheme IV was announced in Budget 2025. Domestic electricity customers will get credit to help reduce electricity bills.
The Electricity Costs (Emergency Measures) Domestic Accounts Act 2024 has been signed into legislation, paving the way for two payments of €125.00 (including VAT) to be credited to all domestic electricity accounts. This is in recognition of pressures on households due to the exceptional rise in energy prices. Two credits to domestic electricity accounts under the Electricity Costs (Emergency Measures) Domestic Accounts Act 2024 are expected to be made, with one expected before Christmas and one after. The FAQs regarding the Electricity Costs (Emergency Measures) Domestic Accounts Act 2024 can be found below, and may be updated as the Act progresses.