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Over 9 million euro spent locally on temporary energy support scheme

Oct 12, 2023 07:51 By Shannonside News
Over 9 million euro spent locally on temporary energy support scheme
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The scheme was introduced to support businesses with increases in their electricity or natural gas costs arising from the Russian invasion of Ukraine.

Over 2,000 businesses in the Shannonside Northern Sound region are in receipt of the Temporary Business Energy Support Scheme at a cost of over €9 million.

The figures were revealed by Finance Minister Michael McGrath following a question from Fianna Fáil TD Barry Cowen.

The scheme was introduced to support businesses with increases in their electricity or natural gas costs arising from the Russian invasion of Ukraine.

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Cavan has the highest number of businesses in receipt of the Temporary Business Energy Support Scheme at 665 and a cost of over €3 million.

Monaghan has 637 businesses in receipt of the scheme, costing €2.6 million, while there are 382 businesses in Roscommon receiving a total of €1.6 million.

Leitrim businesses are receiving a combined total of €578,000 while 310 businesses in Longford are receiving €1.2 million.

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Nationally, over 31-thousand businesses are availing of the Temporary Business Energy Support Scheme at an overall cost of over €140 million.

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