Oireachtas Joint and Select Committees

Tuesday, 31 January 2023

Joint Oireachtas Committee on Climate Action

Engagement with the Commission for Regulation of Utilities

Photo of Lynn BoylanLynn Boylan (Sinn Fein)
Link to this: Individually | In context | Oireachtas source

The Department of Enterprise, Trade and Employment contact the CRU regarding its decision to unwind this rebalancing. In its submission to the CRU, the Department outlined its concerned around the fact that the CRU decided to unwind this. It criticised the lack of consultation and the consultation period. However, it estimated the figure of the subsidy to large energy users that the CRU was taking a decision to unwind was around €70 million. Was the figure of a subsidy from domestic households to large energy users in the ballpark of €70 million per annum and not the €50 million?