Ireland's leader signals end of energy credits

Energy credits will not be extended in Ireland, Martin says

Robert Besser
11 Feb 2025, 23:16 GMT+

DUBLIN, Ireland: Taoiseach Micheal Martin has signaled that the government will not extend energy credits or introduce a new cost-of-living package in the next budget, marking a shift from previous financial support measures aimed at easing inflationary pressures.

Speaking to RTE radio on February 9, Martin ruled out another cost-of-living package, stating, "We are not going to have a cost-of-living package this year, that is the Government view. We will endeavour through the budget, through the various mechanisms we have from social protection to tax – to help people. But inflation has come a way down."

Last year's budget included energy credits as part of the government's response to rising living costs. The credits provided all domestic electricity customers with 250 euros in relief across two instalments. Similar energy supports had been implemented in previous budgets.

Past budgets included energy credits and one-off extra payments for individuals receiving social benefits such as child benefit, disability allowance, and fuel allowance. Renters were also supported through a renters' tax credit.

Martin did not confirm whether these additional supports would continue.

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