The PSO levy on energy is to increase for all commercial premises, the Commission on Energy Regulation has announced.
Fianna Fail slammed the latest rise and said it is an "absurd burden" to place on businesses.
Spokesperson on Jobs, Enterprise and Innovation Niall Collins said: "Of course, the CER's campaign to increase the use of renewable energy production and increase Ireland's energy security should be supported but jacking up the levy by 30% for small commercial enterprises and by 9% for medium to large enterprises is appalling.
"Why is the CER forcing small enterprises to bear the brunt of this increase? They faced a 16% increase in 2016. Where will it end?
"Will the Minister only stop when every small business in the country is closed?
"Already, Ireland has the seventh highest industrial electricity prices in Europe.
"Fianna Fáil has repeatedly called on the Minister to increase the powers that the Commission for Energy Regulation has real teeth, as at the moment I see no evidence of consumer interests being protected.
"Why is the CER allowing energy companies gouge on consumers at a time when their cost of doing business is dropping?
"The Government also needs to examine the most efficient and effective means of determining the amount of PSO that will be paid to electricity producers, to ensure that there is healthy competition among them."
(CD/LM)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
15/11/2024
An emergency road closure has been announced following serious structural integrity concerns of the former Antrim Arms Hotel building on Castle Street in Ballycastle. Following genuine fears surrounding the safety of the building's structure, Causeway Coast and Glens Borough Council have ...
15/11/2024
A pre-design public consultation for the Dublin-based College Green - Dame Street Public Realm Project has been launched. The proposal to remodel College Green and Dame Street is a joint initiative by Dublin City Council and the National Transport Authority. The project aims to transform Dublin's ...
15/11/2024
A new plan which aims to fill vacant homes and revitalise derelict buildings has been proposed by Ireland's Green Party. The Dereliction and Building Regeneration Bill put forward by the party aims to establish a single permitting system for fire, accessibility and planning in a one-stop-shop for ...
15/11/2024
Works will begin next week to provide a more reliable water supply in County Kildare, Uisce Éireann has announced. The improvements, which will take place in Allenwood, will also target the reduction of high levels of leakage. GMC Utilities Group are carrying out the works on behalf of Uisce ...
15/11/2024
Essential wastewater improvements being made to the North Street area in Carrickfergus are set to be completed on Friday, November 22, NI Water has announced. Further works will recommence to the area on January 6, after the busy Christmas period. The work is part of a major investment to improve ...
15/11/2024
A forthcoming road closure in Wicklow has been announced by the County Council ahead of essential roadworks which are suspected to last a week. The closure will impact the L-69052 road in Arklow and will take place on the junction of the L2901, Laffin's Lane and The Brook, from Monday, November ...
14/11/2024
A L'Derry park was visited by the Minister of Agriculture, Environment and Rural Affairs yesterday following the completion of extensive works. Manor Park in Moneymore welcomed Minister Andrew Muir MLA, who made the trip to see the result of extensive works which totalled £260,000. The ...
14/11/2024
A Railway Order planning application will be made by Transport Infrastructure Ireland (TII) regarding the major Luas Finglas project. The application will be submitted to An Bord Pleanála on Monday, November 18, while the public can make submissions about the proposed light rail line from November ...
14/11/2024
A new €8.8 million social housing scheme officially launched in County Louth recently. The Ferrard Park development in Drogheda contains 28 new houses which were acquired by Louth County Council from CFS Homes for tenants from the council's social housing waiting list. The houses, which include a ...
14/11/2024
A number of projects across Wicklow aimed at addressing the negative impacts of climate change have received a significant cash boost. Wicklow County Council and The Department of the Environment, Climate and Communications announced an allocation of €675,574.33 to 20 community groups across the ...