Oireachtas Joint and Select Committees

Thursday, 3 December 2015

Joint Oireachtas Committee on Transport and Communications

Energy Policy: Minister for Communications, Energy and Natural Resources

3:15 pm

Photo of Michael MoynihanMichael Moynihan (Cork North West, Fianna Fail) | Oireachtas source

Does it not take an awfully long time from when the wholesale price is reduced to the time it hits the consumer? In 2014, we saw the price going down drastically. In the United Kingdom, the Office of Gas and Electricity Markets enforced a reduction in price whereas we are only catching up with that price in winter 2015.

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