Dáil Éireann Debate, Thursday - 10 October 2024
128. Deputy Jim O'Callaghan asked the Minister for the Environment, Climate and Communications the full year cost of all home energy upgrades supports and schemes in 2024 and 2025; and the annual current and capital funding breakdown per scheme divided between Exchequer funding and carbon tax receipts, including schemes (details supplied).; and if he will make a statement on the matter. [40866/24]
View answerThe Climate Action Plan and National Retrofit Plan set ambitious targets to retrofit the equivalent of 500,000 homes to a Building Energy Rating (BER) of B2/cost optimal and the installation of 400,000 heat pumps in existing homes to replace older, less efficient heating systems by end-2030.
To promote and incentivise the achievement of these targets, the Government has put in place a package of supports to make it easier and more affordable for homeowners to undertake home energy upgrades, for warmer, healthier and more comfortable homes, with lower energy bills.
A record capital budget of almost €430 million was allocated to the SEAI residential and community energy upgrade schemes for 2024, €380 million of which was provided from the Carbon Tax. The balance of €50m came from the European Regional Development Fund (ERDF). Details of the core budget allocation breakdown for 2024, for both Capital and Current funding, per scheme, including the provision from carbon tax, can be found in the attached table.
Budget 2025 includes record funding of €469 million from the Carbon Tax for Sustainable Energy Authority of Ireland (SEAI) residential and community energy upgrades, including the Solar PV (photovoltaic) Scheme. The final details of the capital and current 2025 funding allocations to each SEAI scheme and the 2025 retrofit targets are currently being finalised as part of preparations for the 2025 Revised Estimates Volume (REV 2025).
|
SEAI Scheme |
2024 Current Funding allocations €M |
Capital Budget Allocation which is from Carbon Tax €M |
|
Better Energy Homes |
1.60 |
60.200 |
|
Better Energy Warmer Homes* |
1.39 |
158.854 |
|
Community Energy Grants |
0.30 |
45.000 |
|
NHEUS (One Stop Shop) |
0.85 |
45.000 |
|
Deep Retrofit |
0.00 |
0.500 |
|
Solar PV incl solar for medically vulnerable |
0.68 |
70.203 |
|
Total |
4.82 |
379.757 |
*The carbon tax allocation to the Warmer Homes Scheme was supplemented with an additional €50m capital funding from the European Regional Development Fund (ERDF)
