In the wake of the European Commissions recent ruling of €13 billion tax payments owed to the Irish government, we decided we would put that figure into context that we here at Activ8 Energies and the citizens of Ireland would understand. Heating and powering your home can cost a lot of money, not quite in the billions though, so let’s see how the magnitude of such a sum compares to expenses within Irish homes. In the interest of balance, we won’t even mention solar.
The average cost of heating and electricity bills here in Ireland comes to €2,300 per year per household. If we took the €13 billion and gave everyone a dig out with their heating and electricity bills, we could pay for every single house in Ireland, for nearly 3 and a half years.
Let’s go one better, water charges. What if the European Commission and the Irish government decided to take the €13 billion and put it against the current household charges for water? We take the €160 & €260 charges and take €210 as an average per home for water? It would cover the water charges for the next 30 years at the current rate. 30 years! We could revisit the topic again in 2046. Thanks Apple.
Or we could look at making every home in Ireland more sustainable and efficient. With €13 billion, we could provide every home in Ireland with a high quality solar panel system and an upgrade on their current boiler. While we’re on the topic of sustainability, this figure would allow the government to give 1/3 of the countries households a new Nissan Leaf pushing Ireland in front as the world’s leading electric vehicle adopter per head of population without a doubt. We would become an even greater little country.
The figure is big, €13 billion. But we haven’t actually come across many outlets writing the number as it is. It almost makes more of an impact doesn’t it?
What if the government took this €13bn and decided to supplement existing programmes and schemes? We can only look at our own industry and provide context that way, if we were to apply this figure to the SEAI grants, something we process on a daily basis, it would singlehandedly multiply the amount of grants issued by the SEAI from 2009-2016 by 67.
*Based off CSO figures in 2015.