Oireachtas Joint and Select Committees
Tuesday, 4 October 2022
Joint Oireachtas Committee on Climate Action
Energy Prices: Discussion
Lynn Boylan (Sinn Fein)
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In his opening statement, Mr. Fenlon mentioned that a number of providers have left the market. Examples include Bright Energy, Iberdola Ireland and Panda Power. Given that Electric Ireland is the supplier of last resort, what impact has those companies leaving the market had on the bills of Electric Ireland customers? What percentage of the cost is it? Unfortunately, we do not have a nationalised electricity supplier and Electric Ireland is in a competitive market. Is there not a cost to Electric Ireland consumers caused by those companies leaving the market?