The Public Service Obligation Levy (PSO) is mandated by the Irish Government and approved by the European Commission to support the generation of electricity from sustainable, renewable and indigenous sources.
The levy is calculated and certified annually by the Commission for Regulation of Utilities (CRU) in accordance with relevant legislation and all energy suppliers are required to collect this levy from customers.
What are the PSO levy rates for business customers?
The amount of PSO you pay for your business premises is based on your Maximum Import Capacity (MIC).
The new PSO levy rates for businesses from 1ST of October 2022 to 30th September 2023 will be:
- PSO where MIC < 30kVA = annual rebate of €311.51
- PSO where MIC => 30kVA = annual reimbursement of €37.82/kVA
This is the first time there will be a negative PSO. The CRU is working to implement an enduring mechanism to ensure the billing and invoice arrangements can be put in place to facilitate the payment of the PSO to all customers, in the interim, the CRU is setting the PSO to zero from 1st October 2022.
For further information please visit cru.ie.
To download your bills and view your energy usage over time, please login to Business Online or you can sign up here.
If you are a Residential customer, please see our Residential PSO Levy Explanation.
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