Electricity (Supply) (Amendment) Act 2025

What is this act about?

This law, the Electricity (Supply) (Amendment) Act 2025, changes previous laws related to the Electricity Supply Board (ESB) by increasing its borrowing limit and setting new rules for how its capital stock is issued and who can subscribe to it.

Who it applies to: The Electricity Supply Board (ESB); The Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation.

Deadlines:

Within 12 months of new capital stock being issued, the Board may allow employees or trustees to subscribe to capital stock to maintain their percentage of ownership, under an approved scheme.

At a glance

Country: Ireland
Area of law: Energy and network industries
Articles: 5
Source: irishstatutebook.ie
Text retrieved: 2026-06-17
Explanation updated: 2026-07-07

What does this act regulate?

The maximum amount of money the Electricity Supply Board can borrow.
The specific arrangements for issuing capital stock from the Electricity Supply Board to certain government ministers.
The process for payments from the Central Fund for these capital stock issues.
The ability for the Electricity Supply Board's employees or their trustees to subscribe to a percentage of its capital stock.

Who does this act apply to?

The Electricity Supply Board (ESB).
The Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation.
The Minister for Climate, Energy and the Environment.
The Minister for Finance.
Employees of the Electricity Supply Board or trustees acting on their behalf.

What are the key points?

The aggregate amount the Electricity Supply Board may borrow is increased from €12,000,000,000 to €17,000,000,000.
90 per cent of new capital stock, valued at €1,350,000,000, will be issued to the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation.
10 per cent of new capital stock, valued at €150,000,000, will be issued to the Minister for Climate, Energy and the Environment.
The total payment for these capital stock issues will be €1,500,000,000, paid from the Central Fund.
Within 12 months of new capital stock being issued, the Board may allow employees or trustees to subscribe to capital stock to maintain their percentage of ownership, under an approved scheme.

Energy and network industries

Johnstown Castle Agricultural College (Amendment) Act 2014

Electricity (Supply) (Amendment) Act, 1930

Nuclear Energy (An Bord Fuinnimh Nuicleigh) Act, 1971

Electricity (Temporary Provisions) Act, 1961

Energy (Biofuel Obligation and Miscellaneous Provisions) Act 2010

Gas (Amendment) Act, 1987

Electricity (Supply) (Amendment) (No. 2) Act, 1934

Development (Emergency Electricity Generation) Act 2022

Energy and network industries

Legal text

Contents (5)

Section 1
Section 2
Section 3
Section 4
Section 5

Electricity (Supply) (Amendment) Act 2025 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.ie) Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile Reachtaíocht Achtanna an Oireachtais Ionstraimí Reachtúla Reachtaíocht Réamh-1922 Bunreacht Acmhainní Seachtracha Billí (Tithe an Oireachtais) Iris Oifigiúil Achtanna Athbhreithnithe (CAD) (An Coimisiún um Athchóiriú an Dlí) Liosta Rangaithe Reachtaíochta Aistriúcháin (achtanna.ie) Aistriúcháin (Tithe an Oireachtais) Foilseacháin Rialtais ar Díol Dlí AE (EUR-Lex) CCanna (Ceisteanna Coitianta) Séanadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(s) or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile ActsAchtanna 2025 Electricity (Supply) (Amendment) Act 2025 Electricity (Supply) (Amendment) Act 2025 Permanent Page URL View by SectionAmharc de réir Ailt View Full ActAmharc ar an Acht Iomlán Bill History Stair Bille Commencement, Amendments, SIs made under the Act Tosach Feidhme, Leasuithe, IRí arna ndéanamh faoin Acht Open PDFOscail PDF Print Full ActPriontáil an tAcht Iomlán Number 12 of 2025 ELECTRICITY (SUPPLY) (AMENDMENT) ACT 2025 CONTENTS Section

Section 1

1.Definition

Section 2

2.Amendment of section 4 of Electricity (Supply) (Amendment) Act 1954

Section 3

3.Amendment of section 2 of Act of 2001

Section 4

4.Amendment of section 11 of Act of 2001

Section 5

5.Short title, collective citation and construction Acts Referred to Electricity (Supply) (Amendment) Act 1954 (No. 17) Electricity (Supply) (Amendment) Act 2001 (No. 9) ESB Acts 1927 to 2014 Number 12 of 2025 ELECTRICITY (SUPPLY) (AMENDMENT) ACT 2025 An Act to amend the Electricity (Supply) (Amendment) Act 1954 to increase the aggregate amount of moneys which may be borrowed by the Electricity Supply Board; to amend the Electricity (Supply) (Amendment) Act 2001 to specify the arrangements which will apply to the proposed capital stock issues by that Board to the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation and the Minister for Climate, Energy and the Environment and, also, to enable the Board to make available for subscription to employees of the Board or trustees on their behalf a concomitant percentage of its capital stock in accordance with an approved scheme; and to provide for related matters. [20th November, 2025] Be it enacted by the Oireachtas as follows:

Definition 1. In this Act, “Act of 2001” means the Electricity (Supply) (Amendment) Act 2001.

Amendment of section 4 of Electricity (Supply) (Amendment) Act 1954 2.

Section 4

(4)of the Electricity (Supply) (Amendment) Act 1954 is amended by the substitution of “€17,000,000,000” for “€12,000,000,000”.

Amendment of section 2 of Act of 2001 3. Section 2 of the Act of 2001 is amended by the insertion of the following subsections after subsection (4): “(5) Subject to subsections (6) and (7), as respects capital stock issued by the Board after the coming into operation of section 3 of the Electricity (Supply) (Amendment) Act 2025— (a) 90 per cent of such capital stock, to a value of €1,350,000,000, shall issue to the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation in return for payment, and (b) 10 per cent of such capital stock, to a value of €150,000,000, shall issue to the Minister for Climate, Energy and the Environment in return for payment, and such arrangements shall apply in place of the arrangements specified in subsection (4).

(6)For the purposes of the payments referred to in subsection (5)— (a) the Minister for Climate, Energy and the Environment shall request the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation to approve such payments, being in aggregate the sum of €1,500,000,000, to the Board for the issue by the Board of capital stock in accordance with subsection (5), (b) the Minister for Climate, Energy and the Environment shall, as soon as practicable after receiving the approval referred to in paragraph (a), request the Minister for Finance to pay out of the Central Fund, or the growing produce thereof, to the Board, for the issue by the Board of capital stock in accordance with subsection (5), the sum referred to in that paragraph, and (c) the Minister for Finance shall, as soon as practicable after receiving the request referred to in paragraph (b), pay out of the Central Fund, or the growing produce thereof, to the Board, for the issue by the Board of capital stock in accordance with subsection (5), sums not exceeding in aggregate the sum referred to in paragraph (a).

(7)The Board may, in accordance with an approved scheme, within 12 months of the issue by the Board of capital stock in accordance with subsection (5) (in this subsection referred to as the ‘relevant stock’), make available for subscription, to employees of the Board or trustees on their behalf, capital stock— (a) of the same class, on the same terms and conditions (including terms and conditions relating to the amount to be paid pro rata for the stock), and with the same rights and obligations, as apply to the relevant stock, (b) in return for payment, and (c) up to such amount as will enable such employees or trustees to maintain the same percentage of capital stock they held of the total capital stock issued by the Board that they held immediately before the relevant stock was issued.”.

Amendment of section 11 of Act of 2001 4. Section 11 of the Act of 2001 is amended by the substitution of “moneys provided by the Oireachtas and expenses incurred by the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation in the administration of this Act shall be paid out of moneys provided by the Oireachtas” for “monies provided by the Oireachtas”.

Short title, collective citation and construction 5.(1) This Act may be cited as the Electricity (Supply) (Amendment) Act 2025.

(2)The ESB Acts 1927 to 2014 and this Act may be cited together as the Electricity (Supply) Acts 1927 to 2025 and shall be construed together as one.

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