Questions raised over Ireland’s ‘runaway energy costs’

Donegal TD Pearse Doherty has called on the Taoiseach to take action against energy companies failing to pass on savings to consumers.

Ireland has the second highest energy costs in the EU, recent figures from the European Commission reveal.

Deputy Doherty has previously written to the Commission for Regulation of Utilities, calling for the regulator to undertake an intensive and intrusive supervision of retail pricing in light of falling wholesale energy prices, as Irish households continue to face soaring energy bills.

Teachta Doherty said: “On 1st March, the Taoiseach said he would take action against energy companies who failed to pass on savings to workers and families. He has categorically failed to do so.

“250,000 households are currently in arrears. This is the government’s legacy and the government’s failure.

“The Taoiseach can fly budget kites all he wants, but he needs to explain why he has failed to hold energy companies accountable; as he committed to in March.

“I wrote to the energy regulator recently calling for it to undertake intensive and intrusive supervision of prices energy companies are charging households and their relationship with falling wholesale prices.

“Households are struggling – they deserve transparency and every effort to drive down energy costs.”

Questions raised over Ireland’s ‘runaway energy costs’ was last modified: July 26th, 2023 by Staff Writer