€100 electricity credit won't come close to matching inflation, experts warn

One expert said better solution would have been a temporary reduction in Vat to 5%. Picture: iStock

Charities and budgeting experts have voiced mixed feelings to the news that the government will put €100 towards every household’s electricity bill in 2022.

A €100 credit for every home in the country to help reduce the impact of electricity bills will be signed off by Government on Tuesday, and all two million homes, regardless of income, will receive the credit in January.