Oireachtas Joint and Select Committees

Thursday, 17 January 2013

Public Accounts Committee

Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011

11:55 am

Mr. Dermot Nolan:

Ireland is a price taker but, in Britain, prices of electricity and gas have risen by more than in Ireland over the same period. They are also dependent and some of their nuclear plants have closed. Prices are rising more in GB than in Ireland and I can provide evidence of that if the Deputy likes. The price of home heating oil has risen by more than electricity and gas while petrol prices have risen. I understand the difficulties but I assure the Deputy, for what my assurance is worth, we honestly try to keep prices as low as we possibly can.

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