Lynn Boylan (Sinn Fein)
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Would Electric Ireland support a type of bond? It is wrong that Electric Ireland will pick up the tab for companies going out of business but it will then pass the cost on to consumers, or else it will be passed on across all electricity customers. The example I used when CRU was before the committee was that of Iberdrola, a profitable company which is still active, albeit not in the Irish market. Would the witnesses be in favour of a bond system whereby these companies cannot just walk away and leave Electric Ireland to pick up the flak?