Dáil Éireann Debate, Wednesday - 28 May 2025
29. Deputy Pa Daly asked the Minister for the Environment, Climate and Communications the cost to increase the domestic solar pv budget over a five year period with a 50% increase per annum, by years one to five. [28140/25]
View answer31. Deputy Pa Daly asked the Minister for the Environment, Climate and Communications the cost to increase the domestic solar pv budget over a five year period with a 25% increase per annum, by years one to five. [28142/25]
View answer32. Deputy Pa Daly asked the Minister for the Environment, Climate and Communications the cost to increase the domestic solar pv budget over a five year period with a 33% increase per annum, by years one to five. [28143/25]
View answer33. Deputy Pa Daly asked the Minister for the Environment, Climate and Communications the cost to increase the domestic solar pv budget over a five year period with a 50% increase per annum, by years one to five. [28145/25]
View answer39. Deputy Pa Daly asked the Minister for the Environment, Climate and Communications the cost to increase the domestic solar PV budget by 100% over five years. [28172/25]
View answerI propose to take Questions Nos. 29, 31, 32, 33 and 39 together.
The tables below sets the cost budget over the next 5 years, based on the current allocated funding of €69m for 2025, as the base value. This is purely a mathematical exercise based on the parameters set out by the Deputy and does take account of customer demand, the capacity of the market to deliver or any other factors that may effect the cost to the exchequer.
|
Budget (€69m 2025) |
2026 |
2027 |
2028 |
2029 |
2030 |
|
50% |
€103m |
€155m |
€233m |
€349m |
€524m |
|
25% |
€86m |
€108m |
€135m |
€168m |
€210m |
|
33% |
€92m |
€122m |
€162m |
€215m |
€287m |
Capital expenditure on the domestic solar scheme in 2025 is €69 million. For this outlay to be increased by 100% over the next five years, this would require an annual growth rate of approximately 20%. The below table charts a gradual year-to-year expansion of the domestic solar PV budget to reach a capital allocation of €138 million by 2030.
|
Year |
Capital allocation (millions €) |
|
2026 |
82 |
|
2027 |
97 |
|
2028 |
111 |
|
2029 |
125 |
|
2030 |
138 |
A total capital allocation of €553 million would be required to fund this expansion over the 5-year period.
