New Electricity Levy on household bills: Is it fair?
An electricity levy that was previously suspended in 2007 has been revived and will now be imposed on all electricity customers come this October. The new levy will see an increase in electricity prices of up to 5% and plans to raise €156 million in order to improve the security of energy supply and for the development of renewable energy.
Leo Varadkar, the Fine Gael spokesman on energy said “Consumers and businesses are going to have to pay the bill for Eamon Ryan’s green energy revolution and his unwillingness to squeeze the ESB.” The Labour Party described the increase as…