Charities Criticise Electricity Price Hike

Charities and industry groups reacted angrily to the news that electricity costs are set to rise by 5pc with the introduction of the new levy.

The public service obligation levy will see a flat charge placed on homes and businesses, to go towards the cost of generating green energy resources.

While Agriculture Minister Brendan Smith defended the new consumer charge yesterday, social groups have labelled the charge as an "unwanted hammer blow" to small businesses.

"The addition of an average of 5pc on household electricity bills from October is yet another blow to the most hard-pressed in Irish Society," a spokesperson of St Vincent de Paul said.

The Irish Cattle and Sheep Farmers Association and Irish Small and Medium Enterprises Association also criticised the move.

(Source: Irish Independent)