Take-up of Temporary Business Energy Support Scheme ‘much less than anticipated’

Overall 15,275 businesses have registered for the scheme and 9,148 have commenced the claims process.

Qualification criteria includes the business experiencing a significant increase of 50 per cent or more in its electricity and/or natural gas average unit price.Fianna Fáil TD Pádraig O’Sullivan asked Mr Varadkar about the scheme in the Dáil. Mr O’Sullivan also suggested the sums on offer are small compared to the increased energy costs faced by businesses.

He also said: “We still haven’t quite figured out why the take-up is not what we thought it would be, whether it’s because people just haven’t applied for it, or whether it’s too hard to qualify, or whether the limits are too low ... that’s now all being examined at the moment.”A one-month extension of time for applications will apply to claims which relate to the September 2022 claim period.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Deadline for Temporary Business Energy Support Scheme being extended past tomorrowClaims being made under the Temporary Business Energy Support Scheme (TBESS) for the September 2022 period can be made by eligible businesses after tomorrow's deadline, Revenue has confirmed
Source: thejournal_ie - 🏆 32. / 50 Read more »

Deadline for claims under business energy support scheme extendedTBESS was introduced as part of Budget 2023 to assist businesses with the rising cost of energy
Source: IrishTimesBiz - 🏆 6. / 77 Read more »