The credit line will appear on bills from the start of November and into December, depending on a household’s electricity supplier and billing cycle. The credit is automatic; people do not need to apply for it.
Each time, a credit line item with the name "Government Electricity Credit" and a value of €200 (excluding of VAT) will show on bills.
Between January and February and March and April, respectively, the second and third payments will be made.
The roll-out of the first Government electricity credit in April and May of this year, according to analysis by the Commission for Regulation of Utilities (CRU), led to a decrease in the number of household electricity users who were in arrears.
Starting tomorrow, the complete package of €600 in energy credits is expected to cover about 25% of the average household's estimated annual electricity cost.
Eamon Ryan, TD, Minister for the Environment, Climate, and Communications, said the following about this support measure:
"Research has shown that this kind of financial assistance is required and beneficial. The energy crisis and the rising cost of life in Ireland effect everyone. The government is well aware of the challenges that people, particularly older people, those with lower incomes, new families, renters, and many others, face.
"Earlier this year, a €2.4 billion package of assistance was put into effect, and the Budget 2023 has a €2.5 billion package of one-time measures. We are unable to entirely shield people from the effects of Russia's conflict in Ukraine.
"Analysis, however, reveals that the Budget's combination of general and targeted measures will assist safeguard households, particularly those who are most at risk of falling into energy poverty. As we head into the winter, we'll keep a tight eye on the situation.
"I want to emphasise that a coordinated, whole-of-government strategy is being used to address the cost-of-living crisis and is crucial to success. The cross-Government Reduce Your Use campaign makes all of the supports and recommendations readily available to everyone, from the Government as well as organisations like MABS and ALONE, clear and understandable.
"We also encourage individuals to use less energy, but only when doing so is safe, in order to save money. This winter, we want everyone to keep well and warm.
The government anticipates that landlords will give their tenants a credit when tenants pay their electricity bills to their landlord.
In order to guarantee that this is widely shared throughout the rental market, to both landlords and tenants, the Department of the Environment, Climate, and Communications has worked with the Residential Tenancies Board.