Published Date: 29 Jul 2022

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    Electricity & Gas

Decision Paper: Public Service Obligation Levy 2022/23

The CRU has today, 29 July 2022, published its Decision Paper regarding the 2022/23 Public Service Obligation Levy. The CRU notes that the PSO levy for the upcoming PSO Year 2022/23 is negative (- €491.25 million). The decrease in the PSO levy since the Proposed Decision is predominately due to an increase in the forecast benchmark electricity price for the 2022/23 PSO year.

From the 1st of October 2022, the CRU is setting the PSO to zero, with the commitment to, in conjunction with the DECC and relevant stakeholders, implementing an enduring mechanism which would enable payments to be made to customers as soon as possible during the 2022/23 PSO period.


Contact Name:
The PSO Team
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