PSO Levy:
From the 1^st of October 2024, the Public Service Obligation (PSO) levy will increase.
This will result in a monthly charge of €3.23 and €12.91 for domestic and small commercial customers, respectively.Customers in the medium/large commercial category will be subject to a monthly charge of €1.57/kVA.

The PSO levy is collected from all electricity customers to fund schemes to support national policy objectives to deliver renewable energy for Ireland.
This is calculated and set annually by the Commission for Regulation of Utilities(CRU).For further information on the PSO Levy calculation, please visit CRU Publishes PSO Levy Calculations for 2024 / 25 | CRU.ie

What is the PSO Levy?
The Irish government is bringing back the Public Service Obligation (PSO) levy, which will be added to electricity bills. The main reason for this levy is to help Ireland produce more renewable energy, like wind and solar power. The government’s Climate Action Plans have set a target that by 2030, 80% of the country’s electricity will come from clean energy sources. This levy will fund projects that generate renewable energy, helping Ireland reduce its carbon emissions and fight climate change.

In 2023, the PSO levy was set to zero, however, in 2024, it will increase again, adding up to €225 million euros, which will be used to support over 4,400 megawatts of renewable energy generation. This includes projects like wind farms and solar panels that will help meet the country’s energy needs in a cleaner, more sustainable way. Even though this might cause electricity bills to go up a bit, it’s a necessary step to ensure Ireland reaches its climate goals​. While the PSO levy isn’t directly related to fixing issues with the power grid, like power outages, it still helps in the long run. By increasing the amount of renewable energy in Ireland’s electricity mix, the country can rely less on fossil fuels which will improve our energy security and ensure a more environmentally friendly energy supply.