FILE PHOTO / pixabay
The first €125 credit from the Government will be paid to electricity customers in Co Kildare from this Friday, November 1.
It was announced in Budget 2025 that all domestic electricity customers will get €250 off their electricity bills.
The energy credit will be paid in two instalments of €125.
The first payment will be made between November 1 and December 31, 2024. The second credit will be made between January 1 and February 28 2025.
The Commission for the Regulation of Utilities (CRU) is overseeing the scheme.
Eoin Clarke, energy expert at Switcher.ie: said: "Though the handout should provide some relief for those facing colossal energy costs, at almost half of what it was last year, the credit will only cover a fraction of a typical annual electricity bill - still a whopping €1,754.
"Further savings can be made by switching suppliers, and you won’t miss out if you switch plans, as your supplier will automatically apply the credit to your closing bill or new bill.
"With a typical household saving almost €800 per year by switching to the cheapest gas and electricity plan on the market, I’d encourage all customers to switch once they’re out of contract.”
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