Energia

fliball123

Has anyone else got their credit for November? I ask as I just seen mine and Energia are applying VAT on it so its not 200 at all. What a load of horsesh1t. How can VAT be applied to what is essentially a tax credit.

Gregor Samsa

That's the way the energy credit is supposed to work. VAT is calculated on the bill's total, but the credit is a pre-VAT line item. So it wouldn't make sense for a line item on the bill (before VAT) - whether it's a credit or a debit - to include VAT. By taking €183.49 off the pre-VAT amount, your're saving €200 off the total amount that you would pay if you didn't have the €183.49 credit. The credit reduced the amount you're paying VAT on, so your saving is more than the amount that you are actually physically given, since VAT is a percentage, not a fixed amount.

You should see a ‘credit line’ on your bill in the amount of €183.49 (this is €200 excluding VAT). The total payments will be €550.47 across the 3 instalments.

https://www.citizensinformation.ie/en/consumer/utilities/electricity_account_credit.html

walterking

https://www.boards.ie/discussion/2058270215/energia

It was made VERY VERY clear that the €200 was inclusive of vat. So unless by some magic or come scam and you are the only person not paying vat on electricity, you are getting a totally free €200 from the government off your electricity bill - but you WHINE about it

fliball123

https://www.boards.ie/discussion/comment/119828040#Comment_119828040

lets be clear its not free a lot of people pay a lot of taxes for this. I asked the question and it was answered.

lizzyjane

Pre pay power still yet to issue customers with the credit, I thought it was suppose to be issued on the 1st of November?

Clearly I didnt read the small print.

Gregor Samsa

https://www.boards.ie/discussion/comment/119828681#Comment_119828681

It's the big print on their home page you need to read:

Our customers will receive their first Government Electricity Credit between November 1st -11th.

https://www.prepaypower.ie/

Sammy2012

We rang energia yesterday to switch to them and we're informed due to the current environment they are not accepting switchers at the moment. Now this for business customer electricity but still. This was after we were transferred to 4 different people.

SEPT 23 1989

There won’t be many providers left by the end of this winter

xxxxxxl

I'm in credit on my provider just looked.

Beasty

Moved from Current Affairs

SouthWesterly

https://www.boards.ie/discussion/comment/119828047#Comment_119828047

Since you feel so hard done by you should give it back and save those tax payers 600e. Or maybe just give it to me,an underpaid public servant 🤣

fliball123

https://www.boards.ie/discussion/comment/119831114#Comment_119831114

Underpaid by all measure you lot are over paid I showed you and your brethern up over on a different thread and you were all getting nasty when the facts that you are paid about 20% more than the private sector and showing your rates of pay going up by more than inflation yet when inflation goes up you want your wages to match it for a particular year, but the previous 7 years where your wage out paced inflation if fine. Go on back to your clock watching and increment yourself and stop interfering with other threads, good boy

L1011

Fliball133 has received warning points for the above post. Do not reply to it

walterking

https://www.boards.ie/discussion/comment/119828904#Comment_119828904

Why?

Unlike the UK, most providers here have generation divisions. Also, unlike the UK, suppliers here can lock in supply contracts for up to 2 years (therefore many businesses can get 2 year fixed rates - mine ends in March) and unlike the UK they can increase (and decrease) prices in their own time

In the UK where dozens went bust last year (funny - it didn't happen in other countries) suppliers could only forward buy 3 months in advance, many were purely resellers and prices could only be changed twice a year. (up and down) So when prices went crazy these resellers had to pay the massive hikes in prices, but could not pass these increases on for several months, thus they went bust.

as for the poster looking to switch to energia - they are the generally most expensive on the market for their standard rates

con747

https://www.boards.ie/discussion/comment/119832436#Comment_119832436

Ireland lost 4 suppliers in the past year or so. It leaves about 12 still in business, that's a fair percentage of a loss. Energia was up to a few weeks ago the cheapest night rate on the market with their EV plan and it was a fixed rate for 12 months not a fixed discount https://www.boards.ie/discussion/2058257364/best-d-n-tariffs/p1

Yes the daytime rates are expensive but it was geared for people in a certain market which if you look at the thread in renewables it got a lot of switchers who use mostly night rate due to their solar systems and batteries so don't use many daytime units.