Oireachtas Joint and Select Committees
Wednesday, 24 September 2025
Joint Oireachtas Committee on Climate, Environment and Energy
Engagement with the Commission for Regulation of Utilities
2:00 am
Mr. Jim Gannon:
On the retail side, I might pass over to my colleague, Ms Trant, after a couple of points. The CRU does not have a role related to setting explicit prices in the Irish retail market. The market has an open and competitive base as set out under EU law. What the CRU seeks to do is to ensure there is competition in that retail market, including new market entrants. We have had recent inquiries and decisions made on new market entrants, so we believe it is a market that people will come into and create competitiveness and separately through our engagement with consumers, in particular.
We will shortly engage with a campaign focused on switching. We still see switching can provide a €300 to €400 reduction for consumers when they do it and do so regularly. This, it is hoped, will increase competitiveness in the market.
In terms of some of the other aspects we mentioned before, I will not repeat them but we are happy to come back to the Deputy.
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