| Petrol | Diesel | |
| Pump price | 172.00c | 168.00c |
| Price before taxes are added | 59.30c | 65.27c |
| Breakdown of taxes x 5: | ||
| 1. Excise* | 54.18c | 42.57c |
| 2. Nora** | 2.00c | 2.00c |
| 3. Carbon Tax | 16.35c | 18.74c |
| 4. Better Energy | 8.00c | 8.00c |
| 5. VAT (23%) | 32.16c | 31.41c |
| Total taxes (c) | 112.70c | 102.73c |
| Tax as % | 66% | 61% |
For historic data please click here.
* Excise is a duty that is added to the sale of mineral oils, cigarettes and alcohol. It is a fixed amount which is charged per litre and hence does not change as the price fluctuates. Carbon Tax is effectively the same although it is calculated per ton of CO2 generated. It works in precisely the same way as excise duty and really has nothing to do with carbon, and in fact data from Revenue normally lists Excise Duty and Carbon Tax together as one total.
** National Oil Reserves Agency (NORA) levy is charged at a rate of 2 cents per litre on oil products such as petrol, autodiesel and kerosene. The NORA Levy is used to fund the acquisition and storage of strategic oil stocks. It does not apply on fuel used for international aviation or maritime transport.
