Consumers face hikes in electricity bills due to higher green energy levy
The energy regulator is proposing to increase the levy by 35%
The energy regulator is now proposing that this PSO levy be increased by 35 per cent for the 2016-2017 period. The PSO levy was previously increased by 85 per cent for the last 2015-2016 period.
The Commission for Energy Regulation (CER) confirmed that the latest planned increase would lead see households paying a PSO levy of €79.48 per year. This is up by €19.39 on the current PSO levy of €60.09 per year.
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EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year