Liz McManus (Wicklow, Labour)

The cost of electricity has gone up considerably. It is coming down but it still is not coming down as much as it has gone up. The ESB made a strong case to the regulator not to rebrand, but the gun was put to its head. If it wanted a deregulated market, it had to go to 60% and rebrand, or 40% without rebranding, which is the true figure. What kind of a choice is that?

Those decisions were made even though the regulator did not have the faintest idea of the costs involved. He was at the joint Oireachtas committee what assessment was done on costs. He said there was no assessment and he did not know.

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