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Dáil
‹ Ceisteanna—Questions. Oral Answers. - Electricity Prices Inquiry Report.

Electricity prices inquiry recommendations

Summary

The Minister referred the inquiry’s recommendations to the ESB and said he would seek a progress report after six months.

asked the Minister for Energy if he accepts all the findings and the recommendations included in the report of the inquiry into Electricity Prices published on 18 January 1985; and, if so, the action both he and the ESB have taken and are taking to implement those recommendations in order to stabilise and reduce the high cost of electricity to domestic and industrial consumers.

Comment on this

In a press release which I issued announcing the publication of the report of the Inquiry into Electricity Prices on 18 January 1985, I pointed out that the report is comprehensive and covers many complex issues relating to the cost structure, organisation and operations of the Electricity Supply Board. I also stated that I had referred the report to the ESB for consideration of the recommendations of the inquiry and that the board will be asked in six months time for a report on progress in implementing the recommendations of the inquiry. That report on progress will be due from the ESB in mid-July next and this will obviously have its effect on the timing of any statement about the implementation of the inquiry's recommendations.

In regard to action I have taken to reduce the cost of electricity, I announced in the House on 31 January 1985 a reduction in electricity prices charged to industry, ranging from 2 per cent for the smaller users to 6 per cent for the larger users in the ESB's maximum demand customer category. As the Deputy will be aware the inquiry found that, while Irish electricity prices for industry are higher than those prevailing generally in Europe, domestic prices compare reasonably well with the rest of Europe.

Comment on this