Govt acting like commentators by failing to ensure energy companies pass on savings, says SF

  • 📰 thejournal_ie
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Sinn Féin says Government must intervene to ensure that energy companies pass on savings to customers

GOVERNMENT MINISTERS CANNOT act like commentators when it comes to ensuring energy companies pass on savings to customers, according to Sinn Féin’s Darren O’Rourke.

Over the last 18 months, some customers have seen eight separate increases in their energy bills, said the Meath East TD. “Average gas and electricity bills have doubled over the last year to the point that the price of electricity here is the highest in Europe and the price of gas is eighth most expensive.

Energy poverty on the rise St Vincent De Paul will tell an Oireachtas committee today that people seeking assistance for energy poverty has risen significantly in the last year. Sinn Féin is calling for an energy price cap to be introduced and for the proposed windfall tax to go further in collecting more money from energy company profits.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eamon Ryan ‘frustrated’ at energy companies’ refusal to cut pricesGreen Party leader says prices need to fall quicker as Sinn Féin set to put down Dáil motion calling for greater powers for regulator
Source: IrishTimes - 🏆 3. / 98 Read more »