New Carbon Tax in Budget 2010
December 9, 2009
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Posted by Money Guide
A new carbon tax of €15 Euro per Tonne was announced in the 2010 Budget. The tax will apply to Petrol and Diesel from midnight tonight.
Petrol will go up by 4.2c a litre and deisel by 4.9c a litre
The Carbon tax will apply from 1 May 2010 to Kerosene, Marked Gas Oil, Liquid Petroleum Gas (LPG), Fuel Oil and Natural Gas. VAT will also be charged on the carbon tax.
From May 1st 2010 – the new carbon tax will result in a price increase of Kerosene (Heating Oil) by 4.3 cent a litre including VAT. This will mean an extra €43 Euro on 1000 litres – which is an increase of about 6.5%
Natural gas prices will rise by €0.00307 per kWh consumed. With the average annual gas usage in Ireland around 25000 Kwh – this will mean an increase of around €76 a year on the average gas bill. (About 7%)
See Our Gas Price Comparison here to see if you could save money on your gas bill.
The application of the tax to coal and commercial peat will be subject to a Commencement Order.
For some reason - Electricity is not subject to the carbon tax!
Update – Carbon Tax to be doubled by 2014 as part of National Recovery Plan
Categories: Bord Gais, Budget 2009, Budget 2010, Carbon Tax, December Budget, Electricity Charges, Flogas, Gas Prices, Heating Oil
Could somebody please let me know what kind of carbon tax do i need to apply to bags of coal and briquettes i am a retailer in galway
thank you
sinead
Sinead – the carbon tax has not yet been applied to solid fuels. I’m sure your supplier will let you know when the prices go up.
Carbon tax is a scam! Find out the truth for yourself! never believe what people tell you. Question everything. Good bye.
When is new carbon tax on coal to be introduced
Im still really confused about this, im about to buy a car, im going buying a TDI volkswagen Bora, which will cost 582 euro per year for tax, with this new carbon tax how much more expensive will my tax be??
Therese – Carbon tax is a tax on fuel – such as gas and oil. It is not charged on cars …
Money Saving Expert- oh i see, whoops, but how will this effect me if i still buy that diesel bora? would i be better off buying a petrol?