Tuesday April 7, 2020

Data centre giants will be hit hardest by electricity tax hike

The proposal in the climate action plan to double the electricity tax from 50 cent per megawatt hour to €1 is due to bring in around €4.5 million extra per year

Michael Brennan

Political Editor

@obraonain
23rd June, 2019

Large electricity users such as Intel and Amazon will bear the brunt of the planned doubling of the electricity tax for business.

The proposal in the climate action plan to double the electricity tax from 50 cent per megawatt hour to €1 is due to bring in around €4.5 million extra per year.

Industry figures said most of the extra cost would be paid by the largest electricity users like Intel, which currently uses an equivalent...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 3 weeks ago

Big tech firms pledge to pay contract staff through the social-distancing period

Emmet Ryan | 3 weeks ago

Further action may be needed to prevent the Irish economy being sunk, particularly when the global economy remains vulnerable

Ian Guider | 3 weeks ago