The Irish government has announced the publication of the interim report of the National Energy Affordability Taskforce (NEAT), which outlines measures to ensure affordable, clean energy for households and businesses.
NEAT was established in June of this year, bringing together various government departments and energy representatives to develop strategies to enhance energy affordability. Its interim report examines recent energy price trends, the supports currently available to households and businesses, and policy options to support households in the near term.
‘Long-term affordability’
“The Government acted decisively during the energy crisis to shield households and businesses from unprecedented price spikes,” commented Minister for Climate, Energy and the Environment Darragh O’Brien. “It is now time to focus on long-term affordability, and ensure that every household can access secure, affordable, and clean energy. This interim report marks an important step in that direction.”
The report was put together during the Budget 2026 process and set out policy options considered during the negotiations. The Budget announcement sought to shift government focus from temporary energy crisis responses to longer-term and targeted interventions
Energy reforms
Following on from the publication of its interim report, NEAT will now turn its attention to the development of a ‘comprehensive’ Energy Affordability Action Plan, which is due to be published in 2026, and will set out reforms to enhance energy affordability in Ireland in the years to come.
“We are moving away from universal measures like energy credits, which are not sustainable in the long run,” O’Brien added. “Our focus now must be on those who need support most through targeted schemes, and on ensuring greater energy efficiency of our buildings. The record investment in retrofitting confirmed in Budget 2026 will reduce energy demand, improve comfort, and help ensure a just transition for all.”
Among the energy affordability measures set out in Budget 2026 are a continuation of the 9% VAT rate on electricity and gas, which will continue until the end of 2030. Tax relief for income from micro-generation is extended to 2028, while the Accelerated Capital Allowances scheme for energy-efficient equipment will also continue through to the end of the decade. Read more here.
