When will the €250 in energy credits come off energy bills?

The two €125 energy credits were announced as part of Budget 2025 earlier this month

Householders are eagerly awaiting a number of Budget 2025 measures to take effect in their pocket, including two €125 energy credits which will reduce electricity and gas bills across the country.

The credits were announced as part of the Budget in early October and continue a trend over the last few years as the Government aims to address the cost of living crisis and rising energy bills in particular.

Every billpayer in the country will receive the energy credits with no means tests and the Government have given an update on when they might land on bills.

Citizens Information says: "The energy credit will be paid in two instalments of €125. The first payment will be made before the end of 2024, the second will be made in the new year. The Government is aiming for the first €125 to come off bills in November with the second off the first bill in January.

The Commission for the Regulation of Utilities (CRU) is overseeing the scheme. People don't need to do anything to receive the credits and they will be automatically deducted from your bill at source.

The Citizens Information also issued a warning recently over a scam related to the energy credits, advising people to ignore rogue texts.

"A scam alert has been issued to warn people about receiving text messages that tells you to click on a link to claim an energy credit. These texts link to a site that looks like gov.ie," a statement read.

"The Government is not offering any such scheme and people are warned not to click on the link or enter any personal details."