Oireachtas Joint and Select Committees
Tuesday, 9 May 2023
Joint Oireachtas Committee on Climate Action
Engagement with the Commission for Regulation of Utilities
Mr. Jim Gannon:
We will return to the committee and give an update. We received the submission on 28 April and we are giving an update now and we will return to give another. Communicating this to the public is something we have thought about ourselves. In our typical form we will be publishing a very detailed information note that outlines exactly what are doing but more may be necessary. It is very difficult to have a separate line item on each bill with different amounts of money because there are many different consumer types getting back slightly different amounts of money because slightly different amounts of money were likely collected from them. We might think about how best to communicate to consumers how and where they will get money back. We need to make sure they know that.
The tariff consultation last year was really exceptional. We had a really robust dialogue with industry at the time. We felt we had to consult in order to protect the outcome of the tariff review process whereas what is being undertaken now is the mechanistic recalculation annual. I am very happy to provide more transparency around that at this time.