Oireachtas Joint and Select Committees
Wednesday, 25 February 2015
Joint Oireachtas Committee on Transport and Communications
Energy Prices: Discussion
9:30 am
Mr. Dave Kirwan:
As the Deputy stated, the regulator no longer has direct price control authority. We were the last energy suppliers to have price regulation. Up to 1 July, we were allowed, as a maximum, to have a 2% net margin, if we had had a good year. That sets the frame for the margins available in this market.
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