Taoiseach Leo Varadkar has indicated that further energy supports could be on the way for customers when the windfall tax is introduced.
READ MORE: Ireland weather: St Patrick’s Day tornado and more extreme events Met Eireann charted over the yearsSpeaking in Washington, Mr Varadkar said that the comments from the European Commission will not “change our plans” in Ireland to use a windfall tax to provide further energy supports. “Of course, we understand where the European Commission is coming from. We hear what the economists are saying that if you put money back into the economy and into society well then you might just push up inflation higher.
“What we’ve announced is going to happen and it is still our intention to use the proceeds of the windfall tax to bring down energy bills.