Oireachtas Joint and Select Committees

Wednesday, 25 February 2015

Joint Oireachtas Committee on Transport and Communications

Energy Prices: Discussion

9:30 am

Photo of Michael ColreavyMichael Colreavy (Sligo-North Leitrim, Sinn Fein) | Oireachtas source

In regard to the security deposit or guarantee, does each company require a deposit? I am thinking of a business, say, a 300 bed hotel. Do each of the companies require a deposit, including from existing and fully paid customers and, if so, how is that deposit calculated? Can supply be cut in the event of non-payment of a security deposit, although supply has been paid for? What happens to that deposit during a customer switch?

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