Electricity Costs (Emergency Measures) Domestic Accounts Act 2023
|
Establishment of Submeter Support Scheme | ||
|
7. (1) On the coming into operation of this section there shall stand established a scheme to be known as the Submeter Support Scheme to be operated in accordance with this Act and any regulations made thereunder. | ||
(2) The Submeter Support Scheme is established for the purpose of making a submeter support scheme payment to supplier submeter accounts in each payment period during the relevant period in accordance with this Act and any regulations made thereunder out of resources allocated for the purposes of the Submeter Support Scheme under subsection (3). | ||
(3) (a) The Minister shall, out of such monies as are available to him or her from monies provided by the Oireachtas, and with the consent of the Minister for Public Expenditure, National Development Plan Delivery and Reform, allocate such amounts as he or she determines for the purposes of the Submeter Support Scheme. | ||
(b) The amount allocated under paragraph (a) shall not exceed €2.5 million. | ||
(c) The Minister shall estimate the amount required to be allocated under paragraph (a) for the purposes of making submeter support scheme payments under section 9 (2) and in so doing, the Minister shall have regard to the number of supplier submeter accounts notified to him or her by the electricity suppliers in accordance with section 9 (1)(b). | ||
(d) The Minister may request information additional to that notified to him or her in accordance with section 9 (1)(c), including up-to-date information in relation to the number of supplier submeter accounts, from the electricity suppliers for the purpose of allocating an amount under paragraph (a). | ||
(4) The Submeter Support Scheme shall be operated and administered by the Minister and electricity suppliers in accordance with this Act and any regulations made thereunder. |