Executive Summary
To address the cost of energy crisis facing households People Before Profit is proposing a radical plan to:
- Cap electricity prices at 25 cent per unit and gas at 8 cent per unit
- Cap the price of home heating oil at €1 per litre, and establish a rebate scheme to compensate retailers for price differentials with wholesale costs
- Cap the price of petrol and diesel at €1.75 per litre and green and white diesel at €1 per litre
- Introduce a windfall tax on the profits of energy and fuel companies to fund cost measures on fuel and energy
- Provide a universal €500 energy credit funded by a levy on data centres
- Introduce Free and Frequent Public Transport
- Introduce a legal right to remote working
- Abolish the carbon tax and tax the big polluters
- Pay an emergency disability payment
- Pay a double week to those on social welfare and pensions
- Nationalise the energy sector to control costs and drive the transition to renewable energy
- A major step up on retrofitting to cut energy bills
- A major investigation into price gouging by energy providers