SEAI grant funding increased to €664.5m in Budget 2027

Minister for Public Expenditure Jack Chambers announced a record €664.5 million allocation for SEAI residential and community energy upgrade schemes in the Budget 2027.

Presenting the budget to Dáil Éireann, Chambers said the funding will expand solar PV installations, renewable energy packages and a boiler scrappage scheme aimed at lowering household energy costs and cutting carbon emissions.

The Department of Climate, Energy and the Environment has been allocated a total of €1.3 billion, with the SEAI grant boost forming a key part of the government’s target to retrofit 500,000 homes to a B2 BER standard.

Economist Emma Howard of TU Dublin told Newstalk that the measures are likely to benefit middle‑income homeowners who can afford the upfront costs of retrofitting, and called for means‑testing or low‑interest loans to support lower‑income households.

Chambers described Ireland’s economy as being in a “position of strength” thanks to the “hard work and dedication of the Irish people”.

Source: Newstalk. Photo: Budget Bizar / Pexels.