July 14, 2024

Donegal TD Pearse Doherty has known as on the Taoiseach to take motion in opposition to vitality corporations failing to cross on financial savings to shoppers.

Eire has the second highest vitality prices within the EU, latest figures from the European Fee reveal.

Deputy Doherty has beforehand written to the Fee for Regulation of Utilities, calling for the regulator to undertake an intensive and intrusive supervision of retail pricing in mild of falling wholesale vitality costs, as Irish households proceed to face hovering vitality payments.

Teachta Doherty mentioned: “On 1st March, the Taoiseach mentioned he would take motion in opposition to vitality corporations who did not cross on financial savings to staff and households. He has categorically failed to take action.

“250,000 households are presently in arrears. That is the federal government’s legacy and the federal government’s failure.

“The Taoiseach can fly price range kites all he desires, however he wants to clarify why he has failed to carry vitality corporations accountable; as he dedicated to in March.

“I wrote to the vitality regulator not too long ago calling for it to undertake intensive and intrusive supervision of costs vitality corporations are charging households and their relationship with falling wholesale costs.

“Households are struggling – they deserve transparency and each effort to drive down vitality prices.”

Questions raised over Eire’s ‘runaway vitality prices’ was final modified: July twenty sixth, 2023 by Employees Author