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Another Electricity Payment Could Be On The Cards In The Months Ahead- Minister McGrath

File image: Rolling News

Michael McGrath says targeted measures will be introduced.

The Government is considering another electricity payment, as part of 'quick-acting' measures to tackle rising energy costs.

Public Expenditure Minister Michael McGrath, says there'll need to be a 'significant intervention' soon.

It comes as government publishes their energy reduction plan today, which encourages homeowners to reduce their use during peak times.

The plan will see a maximum temperature limit of 19 degrees in public buildings and a public campaign to encourage homeowners to reduce usage during peak hours.

It comes as the European Commission is working on a plan that could see energy prices more than half, if a €200 a megawatt hour price limit is introduced.

Minister McGrath says the new package to combat price hikes is at an advanced stage:

 

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