Take-up of Temporary Business Energy Support Scheme ‘much less than anticipated’

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 98%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Deadline for claims extended, while scheme is under review and may be continued or tweaked

Overall 15,275 businesses have registered for the scheme and 9,148 have commenced the claims process.

Qualification criteria includes the business experiencing a significant increase of 50 per cent or more in its electricity and/or natural gas average unit price.Fianna Fáil TD Pádraig O’Sullivan asked Mr Varadkar about the scheme in the Dáil. Mr O’Sullivan also suggested the sums on offer are small compared to the increased energy costs faced by businesses.

He also said: “We still haven’t quite figured out why the take-up is not what we thought it would be, whether it’s because people just haven’t applied for it, or whether it’s too hard to qualify, or whether the limits are too low ... that’s now all being examined at the moment.”A one-month extension of time for applications will apply to claims which relate to the September 2022 claim period.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Deadline for Temporary Business Energy Support Scheme being extended past tomorrowClaims being made under the Temporary Business Energy Support Scheme (TBESS) for the September 2022 period can be made by eligible businesses after tomorrow's deadline, Revenue has confirmed
Source: thejournal_ie - 🏆 32. / 50 Read more »

Deadline for claims under business energy support scheme extendedTBESS was introduced as part of Budget 2023 to assist businesses with the rising cost of energy
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Revenue gives firms more time to submit TBESS claimsRevenue has extended the deadline for businesses to submit claims under the Temporary Business Energy Support Scheme (TBESS) for September. The fact that Revenue have made it so time consuming to make the claim in the first place should be looked at. My clients are reluctant to make a claim as it’s too onerous on them and they feel it wouldn’t be worth their while.
Source: RTEbusiness - 🏆 16. / 61 Read more »

2022 among 'most challenging' years for energy sector, watchdog to tell politiciansThe Commission for Regulation of Utilities will also outline the impact of the electricity sector on reducing customer debt.
Source: thejournal_ie - 🏆 32. / 50 Read more »

Families to get energy bill refundFamilies to get energy bill refund via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »