How much is the PSO levy?

How much is the PSO levy? The Commission for Regulation of Utilities (CRU) sets the level of the PSO levy every year, which runs from 1st October until 30th September. The levy is currently €51.60 a year (ex VAT) or €58.57 (inc.

What is PSO levy on electricity bill?

The PSO levy is a subsidy charged to all electricity customers in Ireland and was originally designed by the Irish Government to support its national policy objectives related to renewable energy, indigenous fuels (e.g. peat) and security of supply.

Did PSO levy increase?

PSO Levy Rate (reduced effective rate as of 1st October 2021) The new PSO levy changing October 1st 2021 will be €4.30 excl. You will see the PSO Levy on your typical two-monthly bill as €8.60 (€4.30 x 2) + 13.5% VAT.

What is annual electricity standing charge?

The standing charge is an annual charge included in your Price Plan and it is for the fixed costs associated with providing your gas and electricity supply. An outline of our different standing charges can be found in our Tariffs and Prices page.

Who sets the PSO levy?

the Department of Communications, Climate Action
The PSO Levy is set each year by the Department of Communications, Climate Action and Environment and has experienced price fluctuations year on year.

What is a PSO route?

Public Service Obligation (PSO) routes are a very European thing. These are routes that are viewed as being necessary to provide transportation links to outlying or rural communities, but which are unlikely to be profitable on a commercial basis.

Why do I have to pay standing charge?

So, what is a standing charge? Energy bills work a bit like telephone bills. With energy, the standing charge is the cost of having a gas and electricity supply – then you pay usage charges on top. Therefore the standing charge is the fee you pay to your energy supplier simply because it gives you access to energy.

How do I work out my annual electricity usage?

First, we multiply your monthly direct debit by 12, to work out how much you spend over a year. e.g…. Next, we subtract this from the total amount you’ll spend over the year. This leaves us with the part of your bill accounted for by the unit rate (how much you pay per unit of energy).

Is it cheaper to run a washing machine at night?

VERDICT: A simple change that’s useful if you have electric hobs. But the savings are too small to risk your dinner. Running your washing machine at night can be cheaper than using it in the day. But this is only true if you are on a special energy tariff called Economy 7 which gives you cheaper power at night.

Is it cheaper to use electricity at night in Ireland?

If you have a night meter installed and are signed up to a Night Saver tariff with your electricity supplier – your electricity rate per Kwh will be cheaper at night. However , electricity is NOT cheaper for everyone at night.

Are airlines public service?

They also include public services such as transportation of passengers or property as a common carrier, such as airlines, railroads, trucking, bus, and taxicab companies. …