Irish News Finance Minister Warns Energy Credits Will Not Be Included in Next Budget

Finance Minister Warns Energy Credits Will Not Be Included in Next Budget
Minister for Finance Paschal Donohoe has confirmed that energy credits will not be part of the next budget, emphasizing that they cannot become a long-term policy.


Instead, the Government will focus on targeted measures to assist those most in need, as energy costs are expected to remain high for at least five more years.


Dáil Debate on Rising Energy Costs


During a heated exchange in the Dáil, Sinn Féin Spokesperson on Health David Cullinane warned that hundreds of thousands of households are already struggling with energy arrears.


"How on earth are people going to face the increases that are coming down the track?" Cullinane asked the Minister.

Donohoe acknowledged the widespread concerns over cost-of-living pressures, stating:


"I see that in the eyes of my constituents."

However, he pushed back against political criticism, arguing that “difficult and volatile times” will not be resolved through “cynical politics.”


What’s Next?


  • The Government will explore alternative supports for vulnerable households.
  • Energy costs are projected to remain high until at least 2030, raising concerns about affordability for families and businesses.
  • Budget 2026 will not include universal energy credits but may feature more targeted relief measures.

With energy bills continuing to strain household finances, the debate over Government intervention is likely to intensify in the coming months.

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