Oireachtas Joint and Select Committees

Tuesday, 9 May 2023

Joint Oireachtas Committee on Climate Action

Engagement with the Commission for Regulation of Utilities

Dr. Karen Kavanagh:

ESB Networks identified that the rebalancing happened over 12 years and the error was over 11 years. In that period, it was €100.73 million. That is their estimate. That is the number the CRU is looking at and interrogating. We are looking at the detail that underpins it to verify and validate that number. That is not the final number the CRU has landed on, but it is the submission ESB Networks made to us.