Oireachtas Joint and Select Committees

Wednesday, 11 May 2022

Committee on Budgetary Oversight

Recent Cost-of-Living Measures: Discussion

Photo of Danny Healy-RaeDanny Healy-Rae (Kerry, Independent) | Oireachtas source

I am glad to have the opportunity to ask a few questions. With regard to the energy credit for electricity, the cost of electricity has gone up way over 100% in the last 12 months or the last year and a half. People are asking me if there is any control or how the companies are allowed to do this while at the same time we read that they made €600 million or €700 million in profits last year. I am being asked if there is any control of them. Then there is ground rent. If somebody is not using a premises, and people were not able to use their premises because of the lockdown or whatever, the ground rent or the standing charges have gone up way beyond as well. People cannot understand it. While I accept and appreciate the money that is being given, it is not enough. What are the views of the witnesses on it? It appears to everybody that since Bord na Móna was closed down in the middle of the country that the price of electricity has been going up day by day. Have the witnesses any response? Perhaps it is not the right question for them, but I am being asked those questions. Is there any control or where will it stop?

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