Dáil Éireann Debate, Tuesday - 29 September 2026
328. Deputy John Connolly asked the Tánaiste and Minister for Finance the total cost to the Exchequer to date in 2026 of the temporary reductions in excise duties on petrol, diesel and marked gas oil; the estimated benefit per litre to consumers arising from those reductions; and if he will make a statement on the matter. [68910/26]
Amharc ar fhreagraThe temporary reduction in the Mineral Oil Tax applying to petrol, auto diesel and Marked Gas Oil (MGO), inclusive of the reduction in the NORA levy, saves consumers and businesses:
• 27 cent per litre of petrol,
• 32 cent per litre of auto diesel, and
• 7.4 cent per litre of MGO.
Based on a 60 litre fill, this means a €16.20 reduction for a fill of petrol and a €19.20 reduction for a fill of diesel.
These temporary reductions in excise duty were due to expire on 31 August but were extended in full until 31 October, with these matter remaining under review.
The total cost to the Exchequer of excise reductions up to the end of August 2026 is estimated at approximately €530 million on a VAT inclusive basis.
The Government also deferred the Carbon Tax increase on home heating fuels and MGO, due to take place on 1 May, until 14 October in light of the extraordinary circumstances and increased fuel prices created by the conflict in the Middle East. The cost of this measure from 1 May until 14 October 2026 is approximately €22 million.
