Taoiseach says he prefers energy credits to price caps

In appearing to rule out energy price caps, Micheál Martin said any measure would have to be fiscally responsible and sustainable

Taoiseach Micheál Martin and party colleagues pictured at the Fianna Fáil think-in in Mullingar. Picture: Niall Carson/PA Wire

Taoiseach Micheál Martin has signalled that a system of energy credits, as opposed to a cap on bills, will be included in the Budget in two weeks’ time.

He said supports for businesses and further targeted measures to help those at risk of energy poverty will form part of a “comprehensive range of measures” needed to tackle the energy crisis this winter.