Simon Coveney (Cork South Central, Fine Gael)

The Minister of State is missing the point. We are not seeing a reduction in the price of electricity. I accept we are seeing an adjustment in price in domestic electricity bills, but that is only because the ESB is deferring the distribution and network charges it applies. We are not seeing cheaper electricity being produced here as a result of the collapse in the cost of the fuel used to generate electricity. We see a 12% reduction in the cost of gas, but why do we not see a 12% reduction in the cost of electricity production from that gas?

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