The Government approved the Electricity Costs Emergency Benefit Scheme III, paving the way for three payments of €137.61 (excl. 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. Three payments of the Electricity Costs Emergency Benefit Payment will be made, in the December 2023, January 2024 and February 2024 billing cycles.
The credit is applied to your bill as €137.61 with a VAT rate of 9%. This equates to a benefit of €150 after VAT.
(Credit applied before VAT, as it should appear on bills, equates to €150 after VAT).