The Commission for Energy Regulation (CER) wants to increase the public service obligation (PSO) levy on electricity bills by €104 million to €496.5 million from next October to support renewable energy developers and peat-fired power plants.
However, cement and concrete manufacturers, whose businesses face high energy bills, have warned the regulator that such a move could hit jobs and endanger the recovery in construction.
In a submission to the commission, manufacturer Kilsaran International says that over the 12 months from October, the increase would add €43,984 to its energy bills and points out that it cannot recover this from customers.
One of the biggest issues in Ireland right now is the shortage in housing. It is being framed as a problem for government to fix but probably the best thing the government could do is stay out of it. By meddling with energy costs, the government has hit the very people who could sort out the housing crisis - the people who build the houses.
The Irish Government creates problems. Then everyone looks to them to solve it.