Denis Naughten (Roscommon-Galway, Independent) | Oireachtas source

The CCPC did not find a cartel in the market and said there was no price gouging. The Deputy suggested that the lack of competition was why people were not switching but people can save between €200 and €300 by switching their electricity suppliers, yet a large cohort of the population do not do so. Even when the savings are there, people do not move. I understand from colleagues that the same thing happens with financial services and mortgages, where people can save a significant amount of money but do not do so. There is a certain inertia in Ireland in this regard and the research published by the CCPC highlighted mixed views on whether there should be competition within the market, which might involve two or three trucks driving down a single road, or competition for the market, where an operator bids for exclusive access to a particular part of the market.

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