The announcement from Electric Ireland that it was going to reduce energy prices for businesses is very welcome, particularly for those small businesses that have been very much struggling with the incredible energy costs.

However, we do not see the same respite for domestic users. People are getting bills through the door that they could never ever have imagined and that they are not able to pay. Electric Ireland customers saw three price hikes in a five-month period last year. They have been hit particularly hard with these price rises. Last week, the Taoiseach told the Dáil that a time would come when he would bring the energy companies in to hold them to task about the prices. I think that time has come. I ask him to commit to bringing in those companies and sitting them down to ask them when residential and home owners will see a reduction in their energy costs and ensure that it happens as soon as possible.

I spoke on this a little earlier. The next step from the Government is the windfall tax and legislating for that in the House to allow us to take some of the windfall profits from last year, and indeed this year, and to use them to help people and businesses with their bills. The Minister, Deputy Ryan, is engaging with energy companies. I will engage with them directly as well. But I would like to know, and it is not fully known yet, what their profits were for last year because what I want to be able to say to them is, notwithstanding wholesale and retail prices, hedging and all that, that these are the profits they have made and they should give some of it back.