How much will the PSO levy cost in 2015-16?
PSO levy still 40-79% higher than 2 years ago.
The CER has recently published the lower PSO levy for all electricity users in Ireland dropping by between 3.2% and 6.6% depending on the category of user. This is still an increase of over 40-79% over the past 2 years.
It will raise €325.3 million over the course of the year.The majority of this money will be used to support peat burning power stations, Aughinish Alumina & Tynagh gas power plants and renewable providers.The total increases can be seen in the table above.